Account Closed If you are investing across the country I'd focus more on just finding someone you can trust to help you navigate the area.

They did all the legalities, (Land trust, disclosures, Deed, etc).

Trust but verify, ask them if they have done this type of job before and ask to speak with the client as a reference. 

A savings or trust account for security deposits and a checking acct to run income and expenses through.

He would have told him the hard money terms were really poor and he would have encouraged him to do a deal with another investor in the area first to get to know the area and build a team of people that do a good job and that he could trust.  

So I am wondering:A person I know set up a living trust about three years ago and assigned property to go to a family member upon her death.

If you decide on any area make sure you find a team of people you can trust, and then never trust them & verify everything 😝

It's an opportunity to start building trust and rapport with the seller.People tend to buy leads for $20 to $80 from what I've seen.

Some require interest bearing accounts, some don’t, some require specific trust accounts.

It's not like a non judicial sale or a Deed of Trust foreclosure where the Trustee conveys the property.