A civil penalty so collected shall accrue to the state and shall be deposited as received into the General Revenue Fund unallocated.501.211 says:  Other individual remedies.— (1) Without regard to any other remedy or relief to which a person is entitled, anyone aggrieved by a violation of this part may bring an action to obtain a declaratory judgment that an act or practice violates this part and to enjoin a person who has violated, is violating, or is otherwise likely to violate this part.(2) In any action brought by a person who has suffered a loss as a result of a violation of this part, such person may recover actual damages, plus attorney’s fees and court costs as provided in s. 501.2105.

It is not assurance but rather, it is the requirement of the amount due to assure that when received, the servicer/lender will release their interest.

In addition to the excellent feedback you received already, I'll outline below some of the benefits of using a Solo 401k instead of a self-directed IRA in case you are eligible.

You will then receive a difinitave response.

Sign your closing docs, close with a local title company/attorney and get started with your deal.All in all, I closed very fast with them but that’s also because I literally received the email with what they needed and uploaded it immediately and anytime they needed anything, I acted with urgency.

Pros: "guaranteed' rent though this is subject to government funding (currently funded through HUD) but we did receive payments still during gov't shut downdeposited to bank accountstenants are generally better than cash tenants because their payouts demand it.See my con but because the process is difficult for tenants they are generally committed once they find a place and are settled. 

Should I issue my contractor a 1099 for each draw he receives or should I issue a single 1099 at the end of the project? 

I easily received investment property mortgages on two properties from two diff local banks.

By front loading interest payments it maximizes the amount of money the bank receives in the shortest amount of time.

When you receive your rent money, it goes into a specific account.