If your goal is AP, then it is creating multiple layers of defense to protect your castle.

Some target lists to consider:Absentee Owners with Equity (be aware that in some areas this is getting over-mailed so you might want to mail exclusively to this group)Seniors with Long-Time Ownership (often ready to downsize or transition to assistance)Owners with Low Financial Stability Scores (combine with age, high equity and length of ownership to get extra layer of motivation)

Quick question I was thinking to myself but I really wanted others opinions on the matter. Currently I am team building out of state in the market I am planning to invest in, I know of course flying out to meet broker...

Someone added a layer of 1/4” or 1/2” drywall on top and just caulked it to the baseboard.

Sometimes it is like pealing the layer off an onion with these types of deals. 

It's vital to do this if you want to achieve long term success.

We started getting bids and guarantees from city government, Burlington Northern Railroad,  Utilities, Carpet Layers, House Movers, Insurers,  Landscapers, etc. 

There are a lot more layers do you research but it can be a way to pick up some properties slightly below market value. 

@YiBing T.What you are proposing is possible based on the interpretation of many tax attorneys, as outlined by @ George, but there is still some layer of risk if there is any perceived benefit between any of those plans.

Things are really now starting to snow ball and it has got me starting to think of diversifying some into index funds and maybe some bonds to great another layer of FIRE protection.