Real estate is fun for them but they don't want it to get in the way of their real passion.Turn Key and other passive RE  instruments can be great for your involvement because they allow you to indulge but limit your involvement to the tertiary. 

So you may need to look into this as you said you want to be able to use the assets.Trust instruments are also costly to set up and require annual tax returns to be filed.I hope I was able to answer your question without going into a tangent.

The podcast have been quite instrumental as I'm starting my REI business.

This Agreement and Tenant’s right under it shall be subject and subordinate to the lien, operation and effect of each existing or future mortgage, deed of trust, ground lease and/or any other similar instrument of encumbrance covering any or all of the Premises, if any, and each renewal, modification, consolidation, replacement or extension thereof.19.

A first mortgage is in first position as a lien with all the priority rights as stated in the mortgage or deed of trust instrument, subject to property tax liens if any.  

I won't go on, I just don't like unethical people, rich or poor and the size of some business is no excuse as far as I'm concerned.I have mentioned before on BP that I did loans for most of our FBI agents in this area and I was rather instrumental in chasing some "registered lenders" out of town and charges against others.

The security instrument gives remedies to the lender in case of default but does not grant possession.  3.  

She has been instrumental in getting our brand out there and in front of people.

(assuming a standard instrument that has a defined maturity date and is of record) The loan can be modified and the maturity date can be advanced into the future, which as long as it get's recorded will be five years from the new date.Just to recap, you have a UPB of $74k and a RE Value of $80k or an LTV of 92.5%.

Assignments of those instruments are also in public record.