They did however put themselves as the lien holder on record for both insurance and taxes (as noted when I look at my records).

Early on I spoke to 1 of the 3 young women who I assume is the lease holder about what will happen (rodents, etc.) if she doesn't keep the lawn cut. 

The decision simply defined the definition of a "residential/dwelling unit" as it stands vis a vis the Conway Zoning Ordinance. 

The results showed that the home minus the new lot would be worth more than when I bought it.You should have the current owner ask some more questions of his mortgage holder.

"the holder of a Note will have a general unsecured claim against our Company.""

If the risk was too high visa vi the return, or if the investor was not in a position to accept the risks, then it could turn into a real nightmare.  

Since Quest Trust was mentioned several times in this forum, I wanted to let folks know that they are resigning as a plan provider for many account holders as of 7.23.24.

. :0)Please explain why the Note-holder would be screwed in "but if they recorded it, you would be screwed."

Quote from @Charles Holder: Quote from @Mitchell Hein: Unfortunately, Figure told me the following:"Yes, we offer our HELOC product to primary, secondary and investment properties.

Alternatively, if there is no equity in the property do a friendly foreclosure between the LLC and you mortgage holder.