However, you may need to discuss this scenario with a tax accountant to determine any tax advantage you may get using a land trust in this arrangement. 

PM me so we can discuss. 

Would love to discuss the opportunities that Connecticut has to offer with any of you.  

OP, I've actually had a client was in the business of buying and re-developing medium-sized hotels. (20+ rooms, mom-and-pop owners, value add)He used a cap-rate and was familiar most real-state metrics but he instructed me to do this:Take net revenue and times it by 3.

Look at the building condition and DEFINITELY have it inspected by a RE Inspector, as to condition, etc. 

Again if your parents are really worried, I'd say do a quick consult with a RE lawyer (I am not one and don't play one anywhere).

UBIT is Unrelated Business Taxable Income, as discussed above.  

Mark, welcome aboard.BP is a great conduit for RE investment advice and insights.My company is both a private buyer and private lender on lower ARV $ properties throughout the U.S. 

Very excited to see so many discussions about REI in Multi-family.

I would appreciate the opportunity to discuss local stats and possiblities.