Of course the money is not liquid, and I became a lien holder without even having my own house (I rent now) but I did this out of 1) good heart and 2) get started on RE without risking too much.

The grantor is who creates trust, the beneficiary is the holders of the trust and the trustee is the managers.  

I would also ask your attorney or title company if there is a statute of limitations for a lien holder to file suit. 

If yes to the latter, does that imply that a lien holder can foreclose early on the home if the deed is purchased (before the usual 2 year period)?

A lot of long term holders just don't care what the market does.

The problem is, our current lien holder does not allow the property to be used as a rental.

I contacted the county for info on the lien holder and they have no info at all.

Hello everyoneWe would like to dive in the real estate investment world somewhere, US or Canada...My husband and I currently live in the US with visas so we are both resident aliens.

Hi @Terrance Holder, welcome to the BP community!

Such violations apply to actions or inactions taken by the permit holder, his or her agents, designee or employees.