It's based off of the 1 month Libor currently 2.7 and you can buy down your index down to as low .75% It's not cheap to buy down the index that low, but the break even is usually 2-3 years.For the right borrower, this loan works.

I’ve done what I consider required reading and I keep all these books around personally indexed as references.

For 8%, I'll buy an index fund or something with liquidity, without headaches.

Quote from @Greg Scott: Victor Minasce has some compelling data suggested there may be trouble ahead for Short Term Rentals.https://podcasts.apple.com/us/...The problem with Airbnb listing is it's extremely hard to calculate the liquidity ratio which is the demand for STR and supply of STR.This is different with LTR or when selling houses in the way that the liquidity ratio can easily be calculated.However, it seems the problem with STR is more related to higher liquidity ratios in cities like Vegas and Phoenix.If Airbnb could have indicators similar to the "Zillow Home Index or the ZORI", this problem could easily be deciphered. 

In CA, public access to unlawful detainer cases (or even the index) is not allowed for 60 days after filing.

It has an adjustable rate, it must have reasonable annual and lifetime limits on rate increases and provide for the rate to be determined by the addition of a margin to an index rate based on a widely available index such as in this is for U.S.

Fire Rating- Tested at 4” Thickness ASTM E84 Flame Spread Index 50 Smoke Developed 400http://www.optasoft.com/applications/codes/2006IBC...

You can go ahead and "invest the difference" in an S&P500 index fund.

(That Freddie Mac index tracks bought down conforming 80% LTV owner occupant SFR rates btw, not 0 points high balance 2-4 unit investor rates)

As general liens, you search the recorders general index using the name of owner(s) of record.