This provides you with a safety net for any unexpected expenses during the rehab process while also potentially allowing you to secure higher leverage on the purchase price.

However, i'll likely be looking at additional ways down the road to be even more secure for a backup what if scenario.  

You shouldn't need her social security number to file for eviction.

You are not responsible for his failure to secure his personal property.

For example, I have a main account that is for my holding company, sub-accounts for each property, and sub-sub accounts for security deposits and things like CapEx for each property.

If you google the Wyoming address it is an attorney's address who specializes in setting these companies up and is a mail forwarding service not a "real" office with staff, owners etc.In the one investment document I read, your investment would be in a construction company with no assets and secured only by a UCC filing.  

However the event of default just gives the holder or beneficiary of the security interest the RIGHT to accelerate all payments and call the note due..

Our negotiation approach focused on building rapport with the seller, allowing us to secure the property below market value.

Utilizing my relationship with a great local lender I started the process of getting a secured line of credit set up against the 3 unit so I could pull most of my money back out.

Glad we're secured, but nothing in rei is passive.