The title holding trust (land trust) is as its name implies simply for holding title, an estate planning trust (what I think you refer to as a personal residence trust) would be the beneficiary of the land trust.

Even if you are not cash flowing on day one, that's okay (in my opinion), you're not paying the full mortgage on your own, which in of itself is a huge win and you learn other tangible real estate investing skills along the way by simply owning. 

Financial freedom goes beyond simply replacing your current income—it's about sustaining your lifestyle for life.

A savy agent sensing a situation like that might simply ask for proof of funds before showing the house which a nosey neighbor is unlikely to have.

I also wouldn't be where I am today in terms of my contacts and relationships with vendors, to be in a position to self-manage confidently out of state.All that being said, if another deal with the same amount of hair on it presented itself to me today, I would pass simply because my risk profile has changed.

Or if you want to ignore me and not have a conversation just simply run away as fast as you can from that guy.

Meanwhile, a regular 1031 can be less complicated to manage if your main focus is simply deferring gains.Considering how property values and financing rates have shifted these past months.. do you think an OZF might be a better strategic move than a 1031 in your situation?

In my first attempted reply, I posted only your quote by accident, lol. 

You cannot have a contract that simply states "install high-quality countertops" without specifying the quantity, location, type, or style.

You don’t even have to attend some conferences, some will publish a list of their speakers and/or attendees and you could simply reach out directly after researching their firms online.