Certainly a strategy, but not one I would apply personally.Lastly, with the high exposure that trustee sales have received in the past 3 years and all the flip shows on TV, there are so many rookie investors out there who pay more than they should and this is just another reason why the spreads are thinner, not only at trustee sales, but at MLS listed REO's as well.

Once your exposure to law suits of sorts gets higher it may make more sense, but suggest you get started right make it look, smell, act like a LLC in all legal regards.

I find in this market the exposure of the MLS is paramount.

It usually takes a ton of networking and online exposure to build your "brand".

I have started evaluated that in Denver and couple of cities in Texas while learning to analyze the local real-estate economic indicators to reduce my risk exposure.

Pergo is a wood composite that cannot handle prolonged exposure to water.  

We have not gotten a deal from it, but from our limited exposure through it, we have gotten a fair share of leads. 

Therefore, their preferred way is to demonstrate maximum market exposure by listing with an agent  who uses MLS or offer auction services.As for research and list building, sharp Pro's hire researcher to search court and recorders records to their own specifications. 

As a LP you dont have any liability exposure so LLC is not needed.

If you have 23 tenants in the Oak Park area, you have some real exposure now so it would be smart to start limiting your risk in that area.