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.

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

On my spare time, I like to listen to house music when I feel like dancing and when I just want to ease my mind and sooth my soul, its jazz music.

When the music stops they are over leveraged on non-income producing debt and typically are in trouble.

“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.).

I've been on both sides of this table; they've wholesaled projects to me as well.To head that surprise off at the pass, I explain to the seller at the time of contract signing that I may assign the contract, or double close, or any number of other instruments to a partner but that their dollar figure remains the same.

Deed of trust is the existing mortgage debt instrument for lack of better words. 

To name a few: lawn mowing business, marketing agency, video production company, acting career, window washing, SEO services, improv comedy, music production, painting, drawing, guitar, blogging, and photography.

I might be wrong, but if I'm not, you don't want to be there when the music stops. 

We tried to sell the loan a year ago but found out that there were two minor title issues: legal description was wrong in the original note & several assignments referenced the wrong instrument number (off by one digit).We shouldn't have missed those but neither should the 5 big banks that had the loan before us.