It's still your money but the cash sits their instead of being used by the borrower.So the question then becomes how much cash will be trapped for these reserves??

Obviously, much of the Movement is about unburdening oneself from the trappings of real estate -- getting as far away as possible from the way real estate even works -- so, it's then difficult and clumsy to plug tiny houses back into the mainstream markets, as most of the logic of the prototype disappears out of context. 

This device, variously designated ‘‘Installment Sales Contract,” “Agreement to Convey,” “Agreement for Purchase and Sale,” “Land Sale Contract,” or “Land Contract of Sale,” must meet the requirements set forth in Section 2985, et seq. of the California Civil Code.

On the other hand, the gurus, some of whom don't even do deals today, have overpriced iinformation and they trap newbies into this sales funnel wherein to get the real information, you have to pay $25k or more.

It looks like rest all in section II does not seem to be valid.

its all personal preferences.there are those that horde money we read about them all the time.. die with millions in the bank while living in a rat trap home.and or never go anywhere or really do anything.. but they are happy...

I grew up in the lower class moved around a lot and even spent a year or two in section 8 and theres nothing wrong with that.

BP can fall into the "echo chamber trap" where the same core ideas get repeated so much, that everyone just echos it back.All the properties I buy are pretty much rent ready.

Your time is appreciated.Matt, as much as I hate to admit it, I know I'm beginning to fall into that trap and trust me, I'm trying to avoid it as much as I can.

Deeds and other instruments; recording; when effective as notice; possession of real estate; not effective as notice; when.(1) Except as otherwise provided in sections 76-3413 to 76-3415, all deeds, mortgages, and other instruments of writing which are required to be or which under the laws of this state may be recorded, shall take effect and be in force from and after the time of delivering such instruments to the register of deeds for recording, and not before, as to all creditors and subsequent purchasers in good faith without notice.