This will avoid needing to foreign qualify your out-of-state entity in the State you are buying the property in.However I am wondering, if I am forming an LLC, with the sole purpose of buying tax liens (I am a foreign national btw), and I don't wish to limit my tax liens acquisition in just 1 State, but instead buy tax liens all over the US..Do i need to foreign qualify my LLC in EVERY State I buy these liens in?

I'll definetely look close on commercial.I l've read about DST, but found it too complicated and not suitable for the short horisont of investment.Also, I am a bit apprehensive to the fractional ownership, since you do not have full control over the asset.It is comparable to condo in this regard.

In real estate, you either own the property outright, or control the property through NNN leasing.You can discuss with your parents what the deal you can both live with.

Within the city of Austin and other local markets with limited inventory, homes are spending a fraction of time on the market—as little as two weeks in some areas.

Asset protection can be expensive but when something happens that is totally out of your control you'll be happy its there.

The bad is that often times you will find less care is being taken with your property, the Section 8 has inspections, which at times can be obnoxious and often times you are renting to tenants with no job or limited employment, so they are home all the time, causing more wear on your house. 

Just my initial thoughts based on the limited information, I wish you the best with whatever you decide.

Let's survey the landlords here:Who here would rent to a tenant applicant with a bk within the last year or two, that couldn't show you that it was due to an unforeseen medical emergency or something else completely out of the tenant applicant's control?  

Can you control that spending? 

I believe there are limits for the credit, but it sounds good in theory though.