Account Closed In a former life I practiced in US Tax court and handled several cases before the IRS Appeals Division The dealer vs. investor has been highly litigated area of the law.  

While it might sound great to have the heat split by the two tenants in practice  I am not sure how well it would work. 

the only legal advice I could give you is to get a qualified legal advice from someone that is licensed and actually practices law and not from Internet forums...

That doesn't necessarily mean this is practical or feasible for every investor.

Years ago when I was in tax practice, it was determined that investing in a real estate limited partnership was considered "like kind" for purposes of a 1031 exchange.  

An LLC can be a Trustee, but how practical is it?

I think that's pretty far reaching, especially for a practicing attorney.The better answer, in my exoerience, is "it depends".

I find our clients are most successful when all pest control documentation and reports/ flyers on best practices are distributed when the lease is signed.  

This is why the practice defaults to brokering. 

I am fully aware that this is a CPA/ Financial adviser question and that people will hesitate to give advice if it's not in their scope of practice but I figure I'd reach out and ask anyways.thank  you for taking the time to read this postBest Regards,Kaygo