I'm thinking that this is a useful asset protection measure to leave the property encumbered.Is this reasonable tactic ? 

How does the trust establish residency in a zero tax state like say FL so as to make the trust assets last longer for the beneficiary?

What i would like to know is how increasing vacancies in a class A apts effects b and c properties.Also have to remember we are in year 10 of artificially low interest rates, and this financial engineering is INTENDED to rev the stock market and inflate asset values.And the next logical question is what happens as interest rates go up?

Does anyone have any recommendations on software or techniques one can use in order to speed up the process? 

Thanks for the compliment @Larry T.Addressing your trust comment, if you don't trust it, it's because you don't trust the data that you selected or input into the software.

One things we are a bit confused on is how to show the assets (rental homes) and liabilities (mortgages) of the properties we hold in 3 way LLCs.

I think personally you would not be wise to change a very solid carefree investment for something you have no knowledge of.One thing you may consider if your itching to do this.. is find a syndicator that may have a TIC opportunity let them do the heavy lifting and you can still do your 1031.but man i would not mess with a great thing. to move down in asset classMulti is quite frothy good to stable properties are selling at 4 to 6 caps... 

Usually the accelerated depreciation of the 5-year assets (personal property) is spread over five years.

@Eric B.From an asset-protection standpoint - there is likely little risk to your assets from owning tax liens(my opinion).

I'm going to setup a meeting this week and I was hoping to get feedback on the question list I have come up with.Thanks for any adviceSteve_____________________________________________________________________________________Is it time to use an LLC to protect the assets?