Purchase price: $1,345,000 Cash invested: $500,000 Sale price: $1,825,000 The sale now holds the Bridgeport, CT record for the highest price per unit in a sale at $228,125 per unit.

The liability issue concerns me, but I’m thinking with a trust holding each property limits it to just that property.

Let's set that aside for a moment and go back to your 4-5 year hold timeline. 

In addition, it ensures any required repayment of any assistance provided by NACA for the mortgage payment. 

I also recently purchased a duplex here and im looking to get a property manager as well I am holding down the fort myself.

If the property they are purchasing is greater than what they sold then anyone can take title to the additional percentage as a tenant in common. 

For tax purposes, having LLC hold the title would be the ideal scenario.

In a partnership, you'd still have liability protection, and you wouldn't have the additional tax complexities that come with operating as a separate business entity.

Buy and Hold?

But Flood insurance is required as primary ($2000 / yr)By the time I fix and sell the home (8-12 months estimated) and incur additional costs + holding vacant, and selling expense (SQUATTER RISK, <100 miles to MEX border), and then go back and recapture depreciation + Capital Gains... my TAKE HOME will be far less than the appraised market value. ~50% haircut.So... since all goes to charity in 15 - 20 yrs anyway... why not donate now and play those cards?