I am just now looking to start buying and holding properties. I want to make my first purchase in the next few months. I am interested in setting up a trust that will control my Series LLC. I am planning on investing out of state, so I am not sure if I should set it up in VA where I live or in KS where I am looking into investing. I am also not positive if setting up a trust is needed, but I am trying to protect my assets and eventually pass on the buy and hold properties to my kids once I am gone. Any suggestions on how to set it up or where to start or even how to find a lawyer to set it up would be helpful. Thanks for your help.
Trust are great. But they can be problematic when it comes to refinancing your cash out for long term holds. Trust are easier in some states then others.