Trusts are effective for the life of the trustor(s) - so these are a sign that someone is estate planning.

Someone with whom you have a relationship and who is willing to mentor you given the relationship;2.

However managing those properties might give you some leverage but you would need some good relationship with a lender.

You'd be better off getting to know them, and see if there is anything you can do for them until that relationship is built.On a side note: Short sale investing isn't all about dealing with the homeowner.

This is probably a "relationship loan" from a bank where you have history.

So long as you don't advertsie, meet your accredited investors through other relationships, keep active capital investors below the current minimum, don't provide written guarantees or even suggesting a specific return beyond interest rates, never use all your sources in the same deal and have agreements that they will take other investors out with notice, then I'd say you will be fine. :)After a few years working under those conditions you can think about growing.I realize you want to market the projects to your investors with big numbers, that is an absolute beginner mistake.

You'll need to build relationships wherever you're operating.

There is another consideration, relationships that pay off in the long run.

You could each borrow $50K from your plans and "default" on the loans, effectively creating a distribution.

If I want to renew the lease for another term, I have them sign a "lease extension agreement" that lists the dates of the new term, the amount of rent (if it's different), and the fact that all of the other terms and conditions of the original agreement shall remain in effect.