You can even create asset segregation within your IRA through the use of multiple layers of LLC entities. 

Many many layers showing through.If this was my own home, I would not be that concerned about having a painter scrap off any loose stuff and give it a good thick covering of fresh paint, leaving lead paint in place.Is this a bad idea in a rental?

., What are the property's/deal's vitals?  

Mostly, the top layer benefits scream "yes" but there has to b a few major pitfalls..?

The land trust for me gave me another layer of protection and also do not like anyone to know who is making an offer as my offers would be in behalf of the trust.

This can also give you a layer of anonymity as well.

This will be just as vital as finding the money

But you may want to add a layer i.e., out of state, absentee owners and/or estimated equity in a property for example length of time the person has owned the property. 

He or she will play a vital role in this transaction.

All these layers add complexity and cost.