Property rights are totally protected when set up properly.

Land trusts offer absolutely no asset protection.

[/b]If there were some sort of "protective" law to prevent price slashing the result would be hugely increased risk to every single real estate investor, builder, and developer.

As I read your post, I found myself wondering how to do you protect the lessee (tenant) from a less-than-horoable seller that might want to go behind his back and take out a HELOC or refinance?

Protect yourself.

Pretty much anywhere with beaches with lounge chairs and drinks will do.

I don't want them, and once you get burned a couple times by miscellaneous circumstances like these you become overly protective with similar situations in the future.

Marvin i used to use the same 9 page contract that a Realtor used in my State.Now i use a 1 page Purchase Contract with the same language and a couple weasel clauses i added to protect myself.Anyways try to get a Purchase Contract from the State your investing in or if you have any friends that are Agents that can provide you with one would be better.Start by eliminating all the Broker's stuff,Financing,and all other stuff that you don't think is needed also add all the legal language your State requires.HAPPY HUNTING..

8. have you consulted an attorney re: the asset protection issues associated with each strategy?

Expected Soft Expenses During Rehab- Carrying costs (mortgage, interest, taxes, insurance)- The necessary insurance needed to protect the property- Do I get it personally or as my business entity?