I have family in the local arts and music community, family in the medical community, family who work in shipping and industry, and family who work in the downtown business district.

When I run companies,we work off "revolvers" or basically lines of credit.... so if the "conventional" mortgage was such a great debt instrument,why do you think the smartest folks in business don't use them?  

“FHA security instruments require a borrower to establish bona fide occupancy in a home as the borrower’s principal residence within 60 days of signing the security instrument, with continued occupancy for at least one year.”There are some exceptions listed, but they are tied to significant life changes (military or job relocation, increase in family size, etc.).

They don’t keep commemorative plates and collectible spoons, but they keep clothes, kayaks, bikes, Christmas decorations, old computers, instruments, tools, etc. 

To legally bypass having to pay the suit on his behalf, since the only instrument "forcing my hand" if you will was the nortgage note.

I've seen this music before.

The statutory definition of securities is as follows: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 foregoing.

My household income allows me to save $20k post tax dollars a year and ~40k pretax dollars per year for allocation to real estate rather than stocks/bonds & speculative instruments. 

For many it's EXPERIENCE based, for example a Nashville bar with live music.

Infact, I'd say if you these houses make up a higher portion of your NW it's more instrumental to protect them.You don't need to layer in trusts, etc.