It would actually fall under the more beneficial rules of sec 121 and if you've lived in the house for 2 out of the previous 5 year period then you can sell and take the first 250K (500K if married) in profit tax free.If you are truly talking about a debt instrument on an investment property and it is attached to the property in a mortgage then when you sell the property it would be paid off as a recorded lien against the property.  

They continue to play the TVs and music exceptionally loud and do not care that tenants and I have let them know multiple times it is not acceptable.

When you buy the loan, you don't own the real property, so you can't perfect an instrument against the subject property in this structure.

I've setup a few keywords, but i'm sure that there are a few that I'm missing.I enjoy live music, fast cars, craft beer and laughing hard.

Recently I have grown tired of the same music, and I can only take so much of talk radio........Hopefully in a month or two things may slow down a little more and I can focus on procuring a SFR.Until then it is more time reading and studying

@Derrick Craig Lets find a deal in the Music City and I'll get you front row on the 50 yard line! 

., do you write country music lyrics?

Now he can rock along to any Jimi Hendrix or Beatles song after hearing it only once and he CAN'T read music.

decide if you really really want to be a landlord for the rest of your life.or if you would like to look at other financial instruments that will return as much with much less work.or buy a business that makes any of the standard investments pale .. if your going to put time and energy into something maybe owning a cool little business that makes you 100k or more a year would be fun and profitable.

Back in the day (i.e. our parents' generation), you could get a degree in music history and get hired by an accounting firm simply because you had some sort of college degree, and they figured they could just teach you everything on the job (with much lower tuition rates relative to income level as well...).