Depending on where your deals are, I maybe interested.

This is very much worth verifying with a professional - perhaps a 1031 company like IPX1031 - and  also, depending what city the house is in, know what tenant eviction laws are like.

Ultimately, where you invest is going to depend on your investment strategy.

Do the same when taking advice from random people hiding behind their keyboard on the internet. 

If you focus on just connecting people through the internet, you'll most likely get jv deals where the prices been marked up multiple times. 

Depending on if your grandmother has lived in the residence long enough and meets other requirements of IRC 121, as well as the amount of the gain, she may avoid capital gains if sold during life as well. 

There are some parts of the law that may be advantages depending on the property value.

Depends on what the trust says, what assets are available to trust, etc. 

You should consult with an attorney in your state to make sure that you are using the best asset protection strategy for your situation.Your budget: The cost of asset protection can vary depending on the type of protection that you choose.

You could assume their loan but this depends on what they still owe.