It is less complicated than you think, especially being a land deal.

It can get even more complicated, depending on how your LLC is organized.

But that's getting complicated. 

Now we are talking about complicated entity structuring involving trusts, though you didn't previously allude to any of that. 

You probably should get an attorney if you have any complicated transactions.

If you are interested in foreclosures, it is a complicated game that you need to understand the risks and processes so you don't get burned.

When the time comes for me to create a trust or other complicated matters, I will again seek the guidance of an experienced lawyer.

Hi Emre,It seemed that it was getting too complicated getting this through and too much of a risk with my hard earned money.So I quit this and I found employment with a US company and waiting for visa.This way I will be able to live in the States, get to know the area and then get into the property marketFrederic

Some mortgage folks don't do them, because they find it too complicated.  

I spent about 15K fixing up both houses and rented them together to a large extended family for $1500 since it would be complicated to rent them separately (no parking for the back house.)