I feel like I can not find relevant information on this all important step in the brrrr method.

I just upgraded to a Pro account and am looking forward to exploring further.  

I would say that he typically uses this method for acquiring his properties (SFR).

:-)I won't comment regarding this method in any other jurisdiction, but in Texas and related federal courts, if the trust is used to bypass the typical foreclosure process, then courts will ignore your structure and analyze the facts to see if you complied with the foreclosure statutes.  

@Robert JuradoWelcome to real estate world of investing.There are many strategies in real estate and you can explore what works based for your needs and time/effort/captial availability.Some meetings are in https://www.biggerpockets.com/rei/michigan-real-es... and there are others you can find through meetup (dot) com websiteLooking forward to meet you in one of the RE meetings / meet ups.

Your methods sound reasonable.

Depending on the class of tenants you deal with, you can be more specific in the payment methods. 

@Kenny Dahill Can you elaborate on the bank method?

So that is how we got rolling in the early years.I do suggest that method, as we benefit from debt pay down, appreciation, inflation and the renovations that we do.  

My suggestion would be, along with doing online homework, spend a day or two driving and exploring each.