He ended up having to pay back all the extra money to the tenants AND pay back all the money S8 paid for rent since the beginning of their tenancy. 

It's a combo of low housing supply, higher interest rates vs. seller expectation, and a poor economic outlook for the country.As an investor with a few rentals it's like like the parking brake is stuck on.

As for the living trust, I'm assuming you mean to have the LLC within the trust to avoid probate?

If you remember the coupon or deal you used, please share! 

The property is a duplex, and he plans to give all the proceeds from the sell to his daughter.

I suppose if I end up with a different strategy it wouldn't have to be confined to Montana, no.

And that's in all the cons.

Here's what I've learned:Inspections Are Non-Negotiable: Always get a full inspection, but don’t stop there.Plumbing & Sewer: Have the plumbing and sewer systems checked specifically, as these are common problem areas in older homes.Electrical System: If the inspector flags any electrical concerns, bring in an electrician during the inspection phase for a detailed evaluation.

Hey Rich,I'm only at 21 units (closing on another 4 next month), but I work a full-time job and also got my real estate license this year, so my plate's pretty full. 

I look forward to getting help before I screw up next time!