They are not optimal due to the risk of adjustment upon examination.

We are still examining the best way to “fix” the issues with the Bank on Yourself policy I currently have.He clearly explained the details of the policy and took the time to make sure I understood how the Indexed Universal Life policy works compared to the whole life policy that I did have and was familiar with.

@Barshay Graves I bought a rental with uneven floors.I crawled underneath and examined things.

The web article I read about land patents and Allodial title is found below...http://www.freedomforallseasons.org/AllodialLandPa...I knew it sounded too good to be true but it is an interesting read none the less.These land patents have interested me enough to seek out title examiners and see if any of them would be willing to let me shadow them.

If title to all or part of the Property is unmarketable, as determined by Ohio law with reference to the Ohio State Bar Association’s Standards of Title Examination, or is subject to liens, encumbrances, easements, conditions, restrictions or encroachments other than those excepted by this Contract, Buyer shall have the right to object to such conditions within twenty (20) days of Buyer’s receipt of the Title Commitment.

All this does is reinforce the underlying belief that notes are too risky and you shouldn't buy them unless you were a title examiner for the state of Missouri or other nonsense.

On cross examination I asked them if they were MHIC licensed home improvement contractors ?

Is any longer than the 3 years we can amend or the amount of time the IRS can examine? 

If I invested in much larger properties (20+ unit MFHs) I probaby would do a more rigorous examination of the expenses and rents a seller claimed.But that's just me...others can certainly provide excellent reasons a Sch.

I will have to provide some evidence that I added value to the property, this helps the appraiser and the bank examiners understand the difference between the initial purchase price and the cash-out appraisal value.