Will an LLC or Trust help with legal protection?

Don’t touch the money, get the QI step before you close.

And check that it is legal...quite a few states will not even allow you to do the Owner/Builder thing except on your own residence.

I took out a HELOC on my current home to purchase the home and we just closed last Friday.  

. -  Low-income neighborhood (lots of section 8 tenants)- Very close to hospital and nearby highschool.

My main focus is really to reduce the number of closings (due to fees) and to pay the family member back for helping cover some previous work.

Provide a signed copy of the NoteThe investor should be identified as follows:For all investments: Client First Name Last Name>, legal owner via non-trust custodial IRA with AETBe sure to indicate % of ownership on title for multiple investorsSigning of documents:On a go-forward basis we will no longer sign documents.Due to the titling change, the account holder will be the only one that can sign the documents (with the new vesting)Excluded States:Because of a variety of issues we have encountered with the following locations we will no longer accept IRA investing real estate transactions in the following areas: The State of Maryland, The State of South Carolina, The State of New York, Cook County, Chicago, Illinois, The State of Georgia, The State of Florida.

The IRA owns the LLC and you can act as manager.In both cases, there is a legal entity under the umbrella of the plan that you control and use to invest, without the need for 3rd party processing and per-transaction fees.On the investing side, the 401(k) offers one advantage, which applies in the case where you might use mortgage financing for the plan to purchase a property.  

However, there is a case for RV parks that more closely mimics a MHP when the location is appropriate for a full time living solution.  

We have some contact here in Canada who have closed on 100+ unit multifamily deals in the Texas region.We are focused on 75-200 units, class B+, with 7% go-in cap rate.