No more running around and blasting music (teenagers),

The Buyer/Borrower has similar rights to those in a standard security instrument (mortgage/dot) and a right to redeem must be afforded.  

Also- noting for possible devaluations like train tracks, factories, construction, shelters, etc being near the property can be instrumental when analyzing market value. 

To all interested, I am starting a new monthly gathering called the MUSIC & MONEY INVESTORS GROUPOur first meeting is this next Wednesday, April 88-10 AM at the coffee house on bridge street, downtown Franklin, TN.This is a group for education, networking, and deal flow, specifically for anyone interested in investing in passive income generating assets, and targeted towards my network within the music industry (though there will be some non-music folk coming as well).Love to have any of you join and help us start it out right!

I believe a UCC1 will work for an investment property, but only if your lender is comfortable with this recorded instrument.  

The official guideline from HUD about FHA financing is as follows:At least one borrower must occupy the property and sign the security instrument and the mortgage note in order for the property to be considered owner-occupied.

Or should I continue to look for long term fixed rate instruments to fully leverage these properties and just pocket the cash flow? 

Buying units in low valued props in metro areas with a lot of out-of-area investor action is bound to be a game of musical chairs.  

Instead of driveway issues (your car blocked mine) it would be more petty like he stole my food, they don't split toiletry costs equally, loud music, smoke, bathroom doesn't get cleaned, or someone pees on the seat, etc.

A contract needs an assignment, such as "setting over all rights, title and interest in and to this" instrument.