You provide the funds for a real estate deal, but have a hands-off role (which means you have no control).Hope that helps!

If you don't have a parent or someone else that will loan/gift you the money for first-time homeowners, then you need a side job at least long enough to get that down payment.2.

I helped my parents purchase a three-story (plus partially finished basement) building that has a four-stop, passenger elevator last year.

NOTE: I should also mention my tenant owns a lawn and pest control company.

Currently working on the purchasing, it Is currently owned by my parents.

There were multiple children who inherited the property from their parents and by purchasing, I offered a way out for all parties to have their hands clean.

There is no limit to what they can charge because it is dependent on current market prices which are out of their control.

I found BP from my parents who are on their own real estate adventure and I decided I wanted in on the fun.

To summarize, cons are that HOAs have control and can limit rentals/increase dues etc.

> Purpose:Priority# 1: Asset-Protection.Priority# 2: AnonymityPriority# 3: Tax protection (saving)> Query:Which could be the feasible option among:- Delaware Statutory Trust- Land Trust- Series LLC (Multiple in each state); and then having a parent LLC.