In simplest terms, it is a private bank, that most correctly conveys what and how they "are" to the average person VS the name, Federal Reserve, which conveys a very incorrect image that many assume.

Simplest terms, escrow is merely a neutral 3rd party who operates based on instructions from those involved in the transaction, typically those instructions are in the form of a contract that both parties have signed. 

We are just looking for simplest form of note investing.

so take the simplest concept in all of real estate investing land  IE being a landlord  buy home rent home .. nothing can be simpler to understand.. bring in financing like it used to be open to all that have decent job and credit and have low barrier of entry IE mid west homes that can make a few bucks a month and there you have it a business model. 

Thank me later...It's the active ingredient to just about all the disinfectants and (good) cleaners on the market including Lysol.

In it's simplest form a note is just a promise to pay.  

, or stick to the simplest of simples and use excel?

Here’s an overview of each one, from the simplest and least expensive to the most complicated and costly.A note about wills: Whether or not probate will be necessary, Florida law requires that anyone who has possession of a will must file it with the local circuit court within 10 days of learning of the death.

Brian,Thank you for your reply.I actually relocated to Florida, and I am now trying to familiarize myself more with creative financing options.The Florida market is heavy on competition, so I need to learn more if I want a better shot at securing a deal here.Can you give me a common scenario, where sub2 would be used (in its simplest wording)?

It sounds like one of the key ingredients to problems is a disgruntled homeowner so if I can eliminate that side of the equation, the only people left to deal with are business people that don't have an emotional attachment.