BUT THAT'S EXACTLY WHO YOU'RE TARGETING WITH YOUR SYSTEM.

The rich don't own anything, they just control and benefit from things through more and more layers of separation.As @Ned Carey mentioned above, there are fees involved with these structures - it really isn't worth it for all investors.

I do not recommend this to novice landlords, it is definatly not a business practice suited to all landlords for obvious reasons.My biggest problem, specific to my rent controlled market, is that they always stay too long.

My previous investment strategy was the stockmarket and soon learned that, despite doing all the company and industry research and following analysts, I still had no control over it.So, I moved all that money into buying properties.

Hey BP community,I'm a first time homebuyer that wants to make my first home a rental down the road and I'm evaluating a property in Hurst that I have an opportunity to jump on pre-market.Here are the details on the house:1316 Redbud dr. 3bd/2bath1910sqft, 10+ year old AC/Heat system 4 yr old roofold water heaterThe house needs new floors in all bedrooms and the kitchen needs updating.Enclosed rear porch.The comps in the immediate area, based on my rookie evaluation came out around 220k and they want 230k for the house as-is with a lease back option for a couple months to accommodate my upcoming wedding.

I am trying crucify them because they did something that is out of their control.

Plymouth in northwestern orange and northern lake counties are all poised to explode over the next 5-10 years with the Wekiva Parkway toll system nearing completion of it's northwestern quadrant, 25 years in the making.

Have turned property over 4 times since first acquisition and made some major system repairs (roof, AC, plumbing).

Some investors prefer to have no involvement in their properties and would leave their PM 100% in control.

@Denise PauzanoThe general rule is that the lease terms control.