You should be on title as well as a lien holder.

@Nick B.So as a 30% equity stake holder, am I not entitled to cash flow until the refi?

Account ClosedWhen some one invests their hard earned money; I want to respect their funds and secure their fair share of the funds.It is good practice to keep the person with 1st lien holder and provide a mortgage /note.Sometimes adding folks in LLC might be more costs with attorney and how to handle refinance; profit sharing in long term etc.In the long run; when you keep it clean and lenders are happy; you would have more funds pouring in.  

Tack on the fact that the lender would be in second and possibly 3rd position if the land contract holder also does not own home outright…

When it comes to student housing and Section 8, investors and landlords either welcome students and voucher holders with open arms and embrace the higher guaranteed payouts or shudder at the thought of higher wear and tear and rowdy or destructive tenants.

Do I contact the trust holder or find the owners name?

I've invested in condo units in DC and had recent success filling them with Section 8 Voucher-Holders for above market rents. 

So the effective yield on loans with small P&I payments will be more negatively impacted by servicing expense.With regard to remaining term, a long term first position loan that is closer to end of term can provide a greater level of equity/security to the lien holder. 

These folks also borrow from fellow IRA account holders.

@Dale Holder Welcome and good look at getting you feet wet.