You might also want to look at the benefit of doing a Cash out refinance and getting rid of that LOC.

Don't forget to add fringe benefits such as health insurance and also payroll taxes, etc. 

Putting a property into an LLC before placing it in a trust is generally recommended because an LLC provides a stronger layer of asset protection against creditors and lawsuits compared to a trust alone, effectively isolating the property from personal liabilities while still allowing for estate planning benefits through the trust structure; essentially, the LLC acts as a shield to protect the asset within the trust from external claims.Consider getting professional advice on how to structure your assets to shield and protect the asset(s).

If they find something I didn’t know about and they couldn’t have, or safety related then I’ll consider/cover some of it.

.: In the referenced thread, I believe my post was the one that listed my goals related to my 22 year old son.  

The basics of a seller financed deal are that the title co or closing attorney (if there is one) or seller’s attorney draws up the warranty deed transfers title, the promissory note evidencing the debt related to the transaction, and either the deed of trust or mortgage (whichever is being used) perfecting the lien against the subject property.  

Also the fatal flaw with books is they're written at a point in time, which means they are not necessarily related to today.Still can learn a thing or two, but I would resist the urge to follow the book that hard. 

It will familiarize you with the basic terminology and benefits.

The tangible/measurable benefits do seem to pan out over the life of the system especially if energy prices continue to rise.

I'm wanting to focus on working with investors, and I'm a relatively new agent. if my goal is to find off market leads, and I want to start with cold calling distressed owners, what exactly am I saying to them?