People will argue if the 50% expenses is too high and that properties meeting the 1% rule are hard to find.

That way we generally do not need to registered the LLC in that state (saving $) and with the ability to argue that the trust might be in a non-recognizing state, but the beneficiary is and the home state laws would apply.There are some bookkeeping and logistical hoops to jump through that are different than a standard LLC.

At today's interest rates, many would argue that young people should be borrowing as much money as possible, whether to invest in real estate, the stock market, or anything else.  

You are now proceeding to argue against that advice.Why ask for advice if you are not willing to consider advice that cuts against your own opinions?

Given the recent speech from the Fed Reserve Chair, one would argue that this could change the buying power of most first time home buyers.

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They are arguing that they weren't served correctly for eviction, blah, blah.  

It might be a good stepping stone to argue for a better price.

The seller could argue that a visual inspection would have revealed the catch basin full of silt, but that would not necessarily support their failure to disclose the problem prior to the sale. 

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work Weekhttp://flip2freedomacademy.com - free e-bookFlip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!