There was an update to this story in the paper today.

The "land trust" has no special distinction in the Internal Revenue Code and would be a simple, complex, or grantor trust depending on the terms of the trust instrument.

This is simple watered down way to do it but at least it gives you a idea quickly on the profitability of the asset.

It is probably a bigger rehab than I want to tackle at this stage, but I thought it might be a good one to get some paper practice on since small commmercial is one of my goals.

I live in the Seattle area and I've been doing my own calculations on paper to see what kind of ROI would be possible.

Simple as that.

A great and lazy bunch of them seem to think they can put a few ads online and on paper, get their names and reputations out and about at the sellers expense, and then just sit there and wait for the phone to ring and the commissions to come in.

Harder way is going through a lawyer, but normal people would not make troubles with agreement they have signed up on.This way you have a paper on it.

J Scott, simple and straight forward, gets right to the point.

-Visit local REI clubs;-Word of mouth, it's amazing how your network grows when you let people know what you do;- Might not be the group you are looking to work with, but the courthouse steps will have investors;- Perhaps sharing deals when you first start out will give you exposure to other bird doggers/wholesalers lists;- Advertise on CL, in your local papers etc. that you have houses you are moving on to investors, and to call/e-mail for information.Creative thinking is the name of the game, It'd be something fun to dabble in but I have other things to occupy my mind; hope that kick started a few thought processes.Andrew