Let's say that you could get a guaranteed $1,000 a month rent on a property (now remember this question is totally hypothetical) and you were magically guaranteed the best renters, no vacancies, no repairs needed, minimum maintenance--in other words your dream come true rental and obviously something you would never plan on happening--ever.

If you are paying all cash pay 70% of the value minus repairs.

This is not to say that an atttorney could not investigate and track down the owner, etc, but it would take many, many hours at $300-$400 per hour which will add up to thousands of dollars for the party wanting to find out the owner of a property held in a land trust.As far as getting "ratted out", their is a process/procedure to choosing your Trustee, and even if the trustee was looking to "screw you", there are many safeguards in place to prevent that.

He makes 10 grand in repairs in a month.

If you know anyone locally who does credit repair, they can do what's called a "rapid rescore" with the credit bureaus.

Right now, I focus on wholesaling, credit repair and lease/options.

Renting this thing is going to cost money, vacancy, advertising, maintenance, repairs, paperwork, perhaps property management.

I just went through signing 20 pages of text that said "PROPERTY SOLD AS IS" and "NO RECOURSE" over and over and over....Don't expect the bank to pay for any types of repairs, upgrades, etc.So, make sure you get a good home inspector!

These are usually limited to 65-70% of the ARV (after repaired value.)

Follow up with guidance emails on credit repair and debt management and add in affiliate links to monetize off the list.