It's easy to overextend oneself in this business.

-Owner will make this a rental-Owner does not have funds to build-Owner recognizes that investor is bringing considerable additional value to property-Investor (me) has funds to build -I may or may not do a percentage of the work/build-I want to set this deal up so that it is fair to all parties but I still need to make it worth my time.For sake of argument & simplicity let’s say:-this is allowed where he lives-size will be 550 square feet-everything will be done to code-to build will cost $50,000-after all official/legal approvals, start of build to completion would be 4 months-unit will rent from day one at $1,500/month-unit would be individually metered & renter would pay 100% utilities-the housing and rental market for the area is & has been strong with consistent growth, before & since the crashMy initial random thoughts:0.

Using Land Trust "Just another strategy for investors"Its uses are:To control or purchase real estateTo protect confidentialityTo limit liabilityTo help with "DOS" clauses in some casesLand trusts have been used since the late 1800's in one form or another and became recognized by statute or case law in many states.A land trust is a vehicle that holds real estate nothing more nothing less.The trustee has the power to convey or deal with the property at the direction of the trust beneficiary.

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

I tried to enter "Raleigh, NC" as my area but the platform didn't recognize Raleigh, NC.

First, recognize that you are better off than most people in the world.

The way I understand it…If you are selling it to the LLC you would have to recognize the gain from your depreciated value. 

@Angel Hernandez of course the lender is questioning ownership, they do not recognize the assignment of contract nor will they finance the assignment fee, this is why wholesale deals are bought with cash.

I'd be interested to hear from anyone who has made 2016 purchases for buy and hold that are either neutral or in positive cash flow, recognizing that CapEx expenses could be lurking in the shadows to change that picture.Having landed in Denver (finally) last week and living, temporarily, in my first purchase (condo in Arvada) to make some improvements before renting/selling -- I'm seeing that rental at a stretch would be .07% (maybe $1500 rent for a $213,000 purchase).

That buyer cannot use a conventional loan to purchase it because the bank does not recognize you as a party to the transaction.