It is the index which moves up and down.maturityThe date on which the principal balance of a loan, bond, or other financial instrument becomes due and payable. merged credit reportA credit report which reports the raw data pulled from two or more of the major credit repositories.

I have done that model and seen that model over the years.. one guys in INdy called Holdfolio did thisnot sure how it performed but chose the rights assets and proper management and that works.there was a guy in Ohio also that called him self MR> triple net.. he sold you a home then rented it back from you for a set fee then he leased it out in a master lease situation were he took care of everything.my model I used a debt instrument equity share model that basically worked like what your talking about but had a pref return no matter what was happening with the asset.. that put big onus on operator to perform..

But at that point the type,  required effort and looming unknowns can turn it quickly into anything but a cash flowing passive instrument. 

did not read it .. but debt instruments in your IRA tend to be a better fit than owning the asset.from a practical standpoint were folks can get in a bind is they don't leave enough reserves in their SIDRA to handle cap ex or tenant trashing of a unit.. and find themselves with not enough money in the SidRA to rectify.Plus the other thing is you wasting your ability to depreciate the asset.. notes don't depreciate.. so there fore notes are generally a better safer fit.. as long as your buying quality notes.. 

Purchasing tax liens is purchasing a finance instrument. 

Both are short-term positions as I am a trader of those instruments.

@Tyler KastelbergHi Tyler, what is the typical cash on cash return in passive RE investment instruments like apartment buildings, commercial RE, RE Mutual Funds, REIT?

The downside to HELOCs is that they are adjustable rates and callable notes, they're not long term debt instruments, but they're very useful none the less. 

But boy dealing with tenants one on one I am the worlds worst.. but put me in a financial obligation debt instrument roll and that I am pretty good at.. 

@Travis HowserTravis, mortgages backed by Fannie/Freddie are perhaps the best debt instrument in the world.