The trustee will be a LLC we create in WY to hold the land trust for the anonymity and added asset protection.The question I have run into now is that some things I am reading say that I will have to register the LLC in the state I live in, (will be Illinois) so I will be basically paying for two LLCs.  1. 

Adjusting to a new city is hard enough without changing your standard of living.

Closed in part of the attic space created an additional 900sq ft living space, also finished the home it was only partially finished.

HI Stephanie,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Where do you live? 

There are streets where he bought that after sun down, there was no way anyone that didn't live in those neighbourhoods would be just passing through.

These same owners also have no problem paying an attorney or CPA $150/hour or more.Many owners also don't respect their PMCs and try to treat them like a personal assistant at their beck & call.

I have done flips by just painting walls with a smoker that had lived there for 20+ years and it never really came out (we replaced the floors) and were still there. 

I think we’ll likely move that direction as tenant vetting, listing, showing property is going to be a challenge living out of state. 

@Julianne Salamone I'm a Canadian now living in Florida and investing full-time down here.