After looking into the question of whether or not to create an LLC for our investment properties, we decided the better option for us was to simply get more liability insurance, specifically an umbrella policy to cover all properties up to a few million dollars. 

If you need investor-friendly lenders to talk about your financing options, let me know and I'll get you connected.

Your best option is to settle with them since they are making a good faith effort to settle the debt. 

Most banks won't lend to properties held in land trusts.Lastly, there are cheaper ways to get into land trusts, and people online will advertise "easy to do" self options, but if you have the personal assets to mandate this method of estate planning/asset protection, I think it's worth paying the few 100 bucks it would cost to get a lawyer experienced in real estate law to write them up for you. 

Hey Varun - I am a lender here in Austin for investment properties - would be happy to discuss your options when it comes to a refinance.

Hey Isaiah, I think Columbus is a great option to consider.

I'm looking to shop insurance options for 3 properties.

One way to reduce your living expenses and accumulate equity is to rent out one property while you're a student and both units once you graduate.Another great option in Pearland is house hacking.

I have approached the owner and I offered him the option of seller finance.

There are plenty of options outside of the Bay :)