We have a lot of live music.

LOL Open escrow with a title co and one of their network attorneys will draft the financial instruments. 

People pay for education all the time.. its not only real estate is many other things. for instance in aviation you can pay extra for the cram course to pass your instrument rating or you can go the slow cheaper mode.

Wow, I can already hear the heroic music plays in the background and Sarah Palin waving her little American flag... but you know Mike, if the American economy collapse, you can say bye bye to your section 8 check...

Think of it as 4 notes described in one instrument and secured by one security agreement.

Yes, The LLC typically must disclose the members of the LLC on the filing instruments called the Articles of Incorporation.

They are plentiful like locusts now, but when the music stops from the Fed and the funding goes away, they will be like bad doors slammed in your face.

The fund and the others like it are focusing on notes and other instruments (i.e., securities).

Those instruments secure the Promissory Note, usually referred to as just "Note".

@Corey Dutton  a loan on Real Estate without a security instrument is  NOT a loan on Real Estate its simply an unsecured loan just like a credit card ..