There are also signs of a cover up at the base of the foundation because there are new concrete blocks there to hide the foundation and a temporary drain placed nearby to prevent water from reaching the foundation.

Hi Des Moines community!

Title All Endorsements - 140Title closing/Escrow 700Title Lender policy - 633Title Survey - 400Title Courier - 100

And i agree that the dirt might sometimes hide some treasures.However, things dont always work out that way....It takes a savvy investor to decifer where the treasure is....I will not advise anyone who is not experienced with rehab work to jump into it.....Neither will I advise sticking to TK unless, the seller has at least 12 months warranty on all major items.

Using a land trust in this situation is a trick to try to hide what you're doing from the lender.  

Long story short if done correctly it does a better job at hiding your assets likeYou said.

Desperately tried to cancel the warranties I had with a major national company, but they did everything in their power to hide how it could be done. 

Be truthful and do not hide anything. 

This hides the owner so that if you get sued by one tenant they don't know about your other properties.Lawyers are usually working on contingency so they go after low hanging fruit.

@Shiloh Lundahl I don't try and hide who I am and am kind and friendly to tenants.