Because the worse case here is the borrower skips out and you need to foreclose to take possession of the property as it is now. 

The purchaser at a sheriff's execution sale is definitely entitled to possession following the sale, subject to possible rights of a tenant during the redemption period if the tenant pays rent. 

You can also check about an immediate possession order.

Took possession of family apartment building in Beverly Hills.

Is it legal for my LLC to purchase these, and for me to physically retain possession (in a safe deposit box)?

Scott Trench states in the conclusion of Chapter 9 that it is "inefficient and dangerous" to attempt high earnings if an investor possesses less than $100,000 ready-to-invest dollars.

In indiana, possession is just a misdemeanor, dealing is a felony.

A properly set-up DST will both protect your assets and bypass the burdensome franchise tax that would be levied against a Series LLC.The Delaware Act expressly provides that “[n]o creditor of the beneficial owner shall have any right to obtain possession of, or otherwise exercise legal or equitable remedies with respect to, the property of the statutory trust.” 12 Del.

It was a new build, we took possession mid-July and had it rented by mid-August.Now that it's up and running, income coming in, etc. we are looking to branch out with more properties.

This includes preparing the move-out packet for the tenant, acknowledging receipt of the tenant's notice to vacate, setting a move-out appointment, completing move-out documents, inspecting and photographing the unit, calling utilities, and mailing the "Final Report on Deposits".Years ago I created a "Return of Possession" form.