I was told that it could possibly be done using a land trust but I really dont have a grasp on the trust process.

It started off with a very motivational background which certainly pulls your interest in.The find it chapter was extremely helpful it came up with good techniques and it told you how to put together your "team".The Fix it part also had great insider tips, different styles, ways to maximize profit.The flip it part was a little vague, there was good detail in closing a contract but it seemed to be lacking a few things and just touched over other more important parts.I'd definately recommend the book it does a great overall background in flipping from start to finish.

Set up a trust and deed the house into it.

Skippie, I'll second everything that monique said, with one additional proviso that you won't like and will ignore at your extreme peril!

All payments will be made to the specific Lancaster Suites Manila Atrium Tower II Equitable PCI Bank Escrow Trust Account.

Any late payment affects your credit score which is extremely important at borrowing time.

If you don't have the time to do research or go to closings, you might want to consider reits....real estate investment trusts.

One tenant I'd only deal in cash b/c I could not trust her.

I guess he'd have to find someone he trusted and that trusted him, because he'd not only own 50% of whatever was purchased on paper, but he'd be on the hook for the loan..

There are charities that will list your TS for free but you continue to pay your fees until it sells and, as it is probably becoming clear, selling one of these things is extremely difficult.