Don't worry about the due on sale clause, no bank cares at all about the title on a loan that is current and none of the yahoos at the bank know what a land trust is anyway.

They seemed to care little whether you were a cash buyer or not, and therefore not give much of a discount.

Just be careful about taking ANY money from them as that might legally bind you as a landlord/tenant relationship.

The clause says if you don't take care of my property, and damage occurs because of your negligence, then I will evict you.

Just be careful about fair housing laws, as this strategy gets tricky if you ever deny renters to try and hold out for a buyer.

Foreclosure rescue issues from the Attorney General's Office need to be observed , you need to be careful of Pre Foreclosures.

Not your same situation, but we have found out that you need to be even more careful on investment property closings than you are on personal residences as there seem to be more protections in place now for owner occupants but not for investment property.

Some people will also tweak points or interest based on these things too, but for me I prefer to keep that mostly constant based on market expectations and modify the LTV I'd consider.As long as I have the first lien, I don't much care about how any secondary money is worked out (JV, or otherwise).

I don't really care what anyone tells you, you must know what your buyers want before you can sell them something.

Anyone who knows @Brandon Turner and I knows that the guru stuff is not something we care about nor want to be promoting -- I don't see Ken as being one.