MUCH better use of your time than music appreciation...  

The BP podcast has basically replaced music when navigating the roadways.

People rent everything now...housing, transportation, phones, music, software, rims, the list goes on...

In this case the paper trail would unravel quite quickly and both parties would be in jeopardy.However if the seller were willing to put the whole 4.5mm into a new property worth at least 5mm there should be ample equity to then take out an LOC or other debt instrument against the new property.

It is a good instrument to use for certain types of investments.

Music shows every day of the week in this up and coming area.

My personal opinion that, even through a downturn, the cost of living in Murfreesboro is much more reasonable, when compared to Nashville, and I feel Nashville offers a variety of different businesses/companies (auto/music/healthcare/education/government/tourism) so that it is not dependent on a certain stream of income. 

Racquetball courts, self-serve/help auto shops, concert halls, music rooms, recording studios all rent space by the time frams used.Closer on topic.Those are the four ways tha real estate provides an economic profit, basically covered in the Principles of Real Estate.

Young kids riding around blasting loud music.

Securities are defined by the Securities Act of 1933http://www.sec.gov/about/laws/sa33.pdfThe definition is:The term ‘‘security’’ means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a ‘‘security’’, or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoingSo, are loans securities?