I would imagine that a container house will very similar.

There is a Mortgage Recording Tax of around 2.175%So imagine you buy a property worth $2 Million, put down 20% or $400k.Then you create another lien, say $500k.That will cost you $500k x 2.175% = $10,875.Further, if you really want to make this a valid loan, you would probably create a LLC, fund it the $500k, have it establish the new lien on the property, let it get paid the Interest.Now you will have to pay tax on the Interest and filing fees for the LLC and have a CPA do your Tax Returns.That might be worth it to someone, but to me, it's a little over kill when you can just get an umbrella policy for less than $300 per year that will cover you an additional $2 Million.

After all the pain and suffering I imagine your hands are tied as to future liquidity events as well?  

I can't imagine having it empty.

I would imagine that it would help your house sell more quickly in Alabama your area.Where I live there would be fewer people who would be interested in the house and so it would take a little longer to sell.  

We, too, were alarmed when discovering that Maryland is chock full of natural springs, so I can totally imagine the buyer walking, but they likely would have walked anyway unless the seller could prove exactly what was causing the water problem and that whatever remedy you used completely solved it with a long-term full warranty to back it up (and likely not even then).  

Over the next 20-25 years you are going to need to cover:1. a new roof, unless you inherited something like slate or copper2. 2 water heaters3. brand new HVAC system4. siding, unless it's vinyl5. tenant damageAs you can imagine, these cost vary widely.  

The reason I ask is because I'm a little over an hour north of Syracuse, but I imagine that's a bit further than you were originally thinking?

Like, I imagine in the larger cities of South Korea, that you can purchase individual apartments in a high rise like in New York, become the owner of that particular apartment and rent it out using the South Korean jeonse method.

Now in this particular case, it may be important to understand now that the OP as the investor has been harmed (even if by perception), I would imagine one of the claims to go after JW is that the investment was in fact a security and he lacks the appropriate license to sell securities.