Hmmm.Might the Seller be forced (or volunteer) to de-commission 3 of the units before Selling?

@ Wendell De Guzman - another great 'eye opening' post.I just want to add, know your area that you are investing inside AND out.

., which is not quite as simple with a land trust.The only two reasons I would ever suggest a land trust instead of an LLC would be, as people mentioned above, privacy, BUT, (1) that can be achieved with certain state LLCs, like Wyoming or Delaware anyway, and (2) most investors honestly don't care.

The other reason that I am Selling is because I own houses and a farm Rio de Janerio, State and I have to get back down there to start living again.

I am looking mostly at Chester County but am also interested in Delaware County and Montgomery County. 

One thing to consider depending on the age of the unit is if it has been de-leaded.  

@Greg Shertzer, welcome to BP.There are many people from the Philly suburbs on BP.I would also suggest attending a meeting and joining a local REIA.The big one in the area is www.digonline.org and there is a DE REIA as well.DIG has sub-groups which meet in Newtown Sq, Collegeville, etc.

Our career 1st wholesale will probably be our most lucrative for at least a few deals.This was a big lesson in flexibility with STRATEGIES.Headlines never give the full story, but that was the end result.Local pro flipper I met through BP was doing an extensive rehab on an 8-duplex cul-de-sac.All brick on slab with New Roof/HVAC/floor/kitchen/baths/paint/you name it!

@Kirsten Mastro Nevada, Delaware & Texas offer the best asset & liability protection. 

If tank is still full and nobody flushed its fine,,,if empty its leaking more than you thought.With our harder water, some deposits,,,I have good luck flushing the stool and taking my finger to where flapper seats and de scum that,,,also edge of flapper where it seals.