Documentation, documentation, Documentation. 

I’ve seen some document uploads in the county site that were affidavits of mortgages, but not sure if this is always provided and required. 2) I purchased a lien for what looks look train stop owned by New Jersey Transit.

I will disagree that "licensing is easy to get," as the NMLS test is hard to pass AND even if you do, your entity must now begin quarterly and annual reporting to the NMLS System.Also, under Dodd Frank, if the above apply, you are probably required to document the borrower's ability to repay, and service the credit agreements/loans under the strict Dodd Frank loan servicing rules. 

A bank will be cheaper but requires more documentation and a better credit score.

If you THINK for a second deal flow will come your way, news flash it won't.

In a rental situation, this can be extraordinarily bad news for the LL.

@Sean Autry that is horrible news I just put $5900 of that in house!

here ya go...good luckhttps://www.extendoffice.com/documents/excel/4233-excel-stack-columns.html

I needed her to sign some documents the management asked me to do and she will ignore me.

So good news is at 2% appreciation you're breaking even (bleeding cash but increasing equity) .