You will find a treasure chest of excellent advices on how to structure your LLCs for real estate investors.After getting informed, you should then consult with a real estate, asset protection and tax attorney(s) to discuss your specifics.

My thought is that things I wouldn't even consider or know about could crap out and cost a fortune to replace or fix if I were to purchase homes this old (plumbing, structural, foundation, electrical, etc).

I would love to find investors that have the capital- if I can give them the deal.. but I'm not sure how to find them, or even what kind of business offer to structure?

Make clear you don't have a deal right now, but want to know the mechanics and structures that would work with your chosen strategies.

Further, after a liquidation event of the LP-LLC structure (5-10 years down the road), can the trust be dissolved or what becomes of it?

@Mayer M.You might want to consider looking into a Qualified Opportunity Fund(QOF) or structuring the sales via installment sales.One thing you may want to confirm before selling the houses if the sales are indeed considered capital gain. 

The structure I am looking at used to be an old schoolhouse (about 1600 Sqft) and our vision is to convert it into a cool/quirky AirBNB.

With my 20+ years in corporate, I was able to bring structure to the offering including building a webinar and helping coordinate lending and closing activities.

Even if you bought, rented put as is, time is ticking on both structures.

I plan to tear down the existing structure and build a duplex.