If our house is inferior to what you can get for that price, then we adjust accordingly.

You then have a set time limit to locate a suitable replacement property that complies with IRS LKQ guidelines.

Need the ability to adjust rent escalations, NNN expenses etc on an ongoing basis without chasing tenants to make updates.

I’ll adjust accordingly.

Looking to partner with with more experienced investors or surround ourselves with folks with the necessary experience and/or skill sets to find deals secure necessary funding as needed to close. 

I want to set up a trustee and possibly use an LLC to manage it.

Seems like there's a million options, so I'm trying to set my compass and then can always change course as needed.Thanks so much!

I'm using a Wyoming registered agent that set up WLLC for $200.

FWIW, looking at inflation adjusted pricing doesn't make sense since debt is set in nominal dollars.  

I recommend you do this annually to adjust for utility increases and other variables.