Here in the States, it's little more than a charity.

This is a business for profit and not a charity.

Nobody wants to be a charity case.

I will be in Memphis this summer I have a charity that I am starting and the launch is Memphis.

This should give you good cashflow, protect against going underwater if house prices decline further, spread vacancies (one unit empty is still two paying rent, instead of just one unit), AND you get some tax shelter from the income without needing to donate to a charity.. :)But the biggest advantage is that you now have three units to cashflow to save for the next unit, you do not need to save so much because you are buing at 40k instead of 50k, and your equity is growing faster.

But if you are charitably inclined and want to give money to a charity anyway, then it might make sense to contribute highly appreciated property to a CRT.

And an eviction is going to take you time anyway.I also have to ask if you are running a business or a charity?

If you're an investor then you're not running a charity, which is what you are effectively doing by allowing tenants to pay substantially less than your property is worth.

It's a business not a charity.

Once I build up my RE business I will be starting a charity as well.