Land trusts have many asset protection benefits and can be a powerful addition to your asset protection plan anyway--yet this use is still not as widely known as it should be.I know many investors in the Chicago area who use this method, so that wouldn't be an issue.

At least that’s how it’s always been handled in eviction court to my recollection.This, moving someone else in who wasn’t on the application, shortly after starting the lease, is one of those things that tenants do which (as far as I know) is legal but incredibly frustrating and not a good sign for the future relationship with the tenant since it either means there was a reason they didn’t list that person (e.g. a criminal record or bad credit) or just that they’re already starting out “in bad faith” by hiding something from you.At the very least, if you can get the new resident’s name I would recommend doing a criminal check on them since I think you do have a duty to protect the other tenants in your building by at least doing a simple check of any new occupants.

Between the house and the neighbors driveway is a 5.5 foot wide piece of land that was included in our survey but is not on the title.

I'm just saying we followed the conventional method being widely taught and we got stepped on by crowds of people.

He seems willing to go to just about any length to help out (he handled all the renovation work and through his contacts got me prices on painting, kitchen etc that were incredible).

My suggestion is that you cast a wide net and then you can pick the ones with the best numbers.

The numbers for putting together mobile home Land/Home packages look like they are starting to make sense again.I’m seeing land (1-2 acres) for $40k, a decent new double wide for $80k, and development costs for about $20k.

College kids and their parents are emotional and emotion is incredibly tough to manage.

In any market, some landlords are going to list way too low, some too high, and properties vary widely in grade, layout, block, and other factors that rentometer data does not calculate well into the results produced. 

The incredible financing options available to you in your first or any house-hack are a primary avantage and really, in my opinion, shouldn't be discarded.