:-)I won't comment regarding this method in any other jurisdiction, but in Texas and related federal courts, if the trust is used to bypass the typical foreclosure process, then courts will ignore your structure and analyze the facts to see if you complied with the foreclosure statutes.  

Capitalism works in such a way that individual initiative and desire to put capital at risk is what drives things forward, and many of the really beautiful buildings in Oakland (to me) appear run down because that equation has broken down.

It is far too subjective and will not stand up in court.

He said over the years he has been brought to court a couple times over it but has won hands down each time. 

Terminating the LLC prior sale puts a 1031 exchange at risk because you appear to be changing the tax payer right before sale.  

We in Phoenix, on the other hand, are greatly benefiting from people running from CA, another great socialist state :)ya not sure if the puzzle factory running this state really understands free market economics  but my Lobbyist I use just sent out an economic report that is very favorable for the state... so it appears that rentals are not a big driver if they can submarine them and the economy is still booming and strong I know its worked in our favor for new construction :) 

Don't do what I did, buy a townhouse condo with a steep monthly HOA fee in a tony neighborhood full of wannabe social-climbing trash with a pool and tennis courts.

In working with a number of folks from California it appears that the initial thought is to go right into a turnkey property.

This means your name does not appear on public record for that property, your attorney and their address is the only thing that appears.

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