As mentioned have an attorney or title company draft the note and mortgage.

The paralegal was good at interfacing with title and trustee companies.

Before the great recession, as a 22-year-old that knew nothing, I did a few flips and ran my own property management company.

I wasn't sure how much to expect from the title company in resolving this.

The insurance company says it’s too much of a fire hazard.

I hired an IRA-approved valuation company to value that note at that time.

In the real world, most companies with stock prices that drop down that low are more likely to go completely bust, and whatever you invested will just be lost.Regardless of the game's weaknesses, I think overall it was valuable learning experience.

If so, what’s the purpose of that holding company, assuming anonymity is not a priority?

Our fund includes a portfolio of over 15 companies that form the foundation behind the Notes.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.