An umbrella insurance policy is much cheaper and far less complicated.2.

This is the most complicated piece because you are essentially the mortgage originator (which might run into licensing concerns depending on how many times you do this and your state), and you need to make sure the person who is buying is a good borrower.3) close with a title company or lawyer (state dependent) who knows how to deal with this type of transaction4) set up an account with a servicer to collect the money from the borrower (not required, but highly recommended from note buyers)5) collect payments

My understanding is the TN has some crazy rules and regulations that complicate this process.

One thing we advise our clients to start proactively looking for solid potential replacement early, and that would have the least amount of complications when trying to close.

It can get complicated. 

In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

Not recommended to DIY it, it's fairly complicated.

There is a complicated set of assumptions that go into calculating demand.

It was also $900 a month and very complicated.

There are several niches that we will explore and focus in order to be successful, but we have found that we typically see returns of 2-5 times of our original investment.The challenge with entitlement is there's definitely quite a bit more risk involved as well as a very complicated process (hence the higher return).