You will need to investigate for your self and talk to competent authorities before you do anything.• I am a Realtor in Las Vegas and my practice is almost exclusively remote investors and they use either LLCs or LLCs in combination with what is called a Nevada Asset Protection Trust to protect their assets.The structure that the attorneys I have listened to advocate the following legal structure:Some people I know who do not even own real estate in Nevada use the Nevada Asset Protection Trust due to the security it provides.

You have to find the authority for legal usage for that particular town.

I am grateful for all of the people who have taken the time to respond in regards to brainstorming on how this goal could be achieved and for the benefit of all of the knowledge of the different investors on this site.I have read many books on real estate in the past and was very disappointed that most authors were more interested in making money off books than teaching about real estate investing.

A .7 would be used if the water was sub metered and billed by the water authority.

Get a loan for $1000, put that money plus another hundred or so in a savings account at the same credit union, authorize the loan payments to be pulled from that savings account, and forget about it.  

Hi Steve,I'm the author of the two books.  

As the city grows, these lots have the potential to become more valuable as they are authorized for mixed use (work and living) as well as light commercial.  

Matt,We build them and are an authorized distributor for the 3d TriDiPanel System.

I wouldn't feel comfortable with houses any closer to the river then what I have (one near Czech Village and one a block from Harrison) without a proper flood wall.Its funny when I was in my 20s I felt like I was missing the bus not already having bought all sorts of real estate like the authors of the RE books I was reading. 

Not sure what MA does, but check with the Assessor to see if taxes are accruing, if they are, it's still privately owned, if not the state or taxing authority may have it.