I dont think it is, @Melanie Baldridge feel free to jump in but foreign assets like this usually follow the tax code from that country.

Any recommended real estate attorney who has working knowledge of structures to put in place for foreigners investing in RE ?

In your post, you say the LLC is owned by an Australian Family Trust (foreign trust), but that you, individually are the member of the LLC?

Online foreign sites only or elsewhere?

Generally speaking, owning a property in another state is usually considered to be "operating" in that state and requires registering your LLC with that state as a "foreign" business entity.

We are in Dallas-Fort Worth and Indianapolis and work with a lot of foreign investors.

Look at the Foreign money moving into the Pacific NW and the effects of Chinese Monetary policy.

However, I will say that LLC is not recognized in Canada and deemed a foreign corporation, resulting in unfavorable tax treatment.  

@Nate P.Your profile hints that you are living abroad.If you are a US citizen - you want to make sure that the CPA you work with understands the foreign earned income exclusion(FEIE).If you purchase a property and are expecting valuable feedback on how that property will impact your tax return, you will need to provide a rough profit and loss projection(rental income and expenses) along with purchase price to have a conversation with your accountant so that they can provide you good feedback. 

In many cases an out of state LLC, also referred to as a 'foreign entity' simply needs to register in that state to do business.