Before we mistakenly look to the real property as the end all-be all, you need to deal with the actual asset which is the security instrument (deed of trust/mortgage) and note.  

That being said, you can get an idea of what standard documents look like for conventional loans here: https://www.fanniemae.com/singlefamily/security-instruments

do you use other retirement instrument to purchase the note?

They don't finish, do terrible work, and pick a type of paint that's totally unsuitable.

I have been extremely instrumental in helping to turn the community’s financial situation around in the past 2 years as I joined the board as the president and have initiated several upcoming and impactful capital improvement projects.

It was about a con artist selling musical instruments to kids and he couldn't play a note on any of them.

He's making 4% on a passive instrument and has given up the hassles of active ownership.Note  buying is a popular exercise because it's a passive way to still invest in real estate for the long term backed by a real estate asset.  

Please APG to your list of business associates.At your next earliest convenience, visit AcaciaPG.comAcacia Property Group (APG) LLC is a veteran-owned real estate investment company with established lead generating and property acquisition systems that are instrumental in creating substantial returns for all of our customers and business associates.

This will show the the vested interest of the property, the seniority of the security instrument and other liens.

The security instrument attached to the note is a different animal altogether.