"**All MPDNs offered under this PPM are special, limited obligations of PSFLLC only and are not secured by any collateral or guaranteed or insured by any governmental agency or instrumentality of any third party." 

We'll see for how long, but it's a great instrument to use in today's market.

But, according to what instrument? 

Investors should not be drafting notes and security instruments or installment contracts unless they have had formal legal training, finance and compliance training.

This information can be instrumental in making informed decisions about potential tenants and mitigating the risk of future rental issues.Setting Clear Rental Criteria:To streamline the screening process and ensure a smooth and efficient rental application procedure, I highly recommend that landlords take the proactive step of establishing clear and comprehensive rental criteria.

In California the security instrument is a Deed of Trust that gets recorded which is separate from a promissory note.

If you check out my BP blog I wrote an article about how you might use the Trust instruments in place of or in conjunction with an LLC.

He has helped me to examine my individual goals and has been instrumental in my strategic planning early on. 

If the written request is made by a person other than the mortgagor, the request must include a copy of the instrument showing such person’s title in the property or other lawful authorization, and the mortgagee or mortgage servicer must notify the mortgagor of the request.

Has anyone gone through the Rookie Bootcamp and was it truly instrumental in helping you buy your first rental?