An economy that was one of the two wealthiest countries in the world for about 85% of the last two millenia is not one to be ruled out.One interesting aspect of the way government officials are selected in China is that it is a meritocracy, although it is not a market-determined meritocracy.

I guess we can get a little burned out on the human aspect and the responsibility involved in saving/rendering personal investments in property.

If you buy the REO property then you being on title are referred to as the grantor/settlor beneficiary and you assign beneficial interest to whoever you wish.Just so you are aware the LLC protects the LLC members from liability in attacking them personally and the Land Trust protects the corpus ( real property) so they go together like bread and butter.Last point is anonymity and privacy and that is what LT is really known for.The LT is good since it can be used on a per property basis and gives you many exit strategies.Selecting the right trustee is critical to your trust being legal and correct.

Karen has brought up another critical consideration.

Then pack up and move on.Strong negotiating skills suggest knowing when to move on is critical.

I am open to any tips as well as criticism that you may have. 

Even your own warm-market people may need a safer, more lucrative haven for the funds they will depend on in their later years.Private money is like so many other aspects of REI - challenging to become established in, highly advantageous once you do. 

The Porta potty pump trucks aren't all set up for this task so definitely work out that aspect.

As this trend continues it is critical that the millennial generation understands that although the 20 year career path is extinct there are opportunities available that will provide a greater level of financial freedom and will not require 20 years to accomplish.

I got real , real lucky by finding not one but two partners who are responsible for the financial aspects of our investments , I do the boots on the ground part from seeking the investment to inspecting them and estimating rehab and managing the rehab and design and even help with marketing them when they are ready for sale.