However, it was intended to solve the problems associated with majority owners of fractionalized interests being restricted by the lack of action or decision-making of minority owners.Have equal interests can be a disadvantage if a stalemate exists and your partner, when an entity or natural person, has different plans. 

It is my nature to be suspicious of especially good (looking) deals, I assume that I am missing something.Kelly

I recently sold my oil and gas title research/staffing company and now I'm primarily doing consulting work (still in the oil and gas industry).  

Everybody is different, and there is no right or wrong answer - it's comfort level.Obviously, because of the field I'm in, I do see the value of having insurance, but oftentimes investors may not feel that way if they have thin margins on a property, and are faced paying a large chunk of their profits for an insurance policy; especially in areas that have higher property premiums due to natural catastrophes, i.e., Florida.The bottom line is whatever amount you are willing to lose dictates if you will get that policy or not.

None of this has come easily or naturally.

That should also give me enough time to pay off a few grand of credit card debt and further educate myself on the nature of the business, thus further reducing the inherent risks in flipping.

And what would that mean for natural appreciation in the next few years?

If you are John, what's the latest you would expect the person to meet you given the general nature of "close to"?  

I have been actively acquiring Notes since that time.I like the the passive nature, the safety and the cash flow that I receive from Performing Mortgage Notes.

Presuming the last of the owners to die died intestate (no will) the preferred heirs to pursue would be offsprings as natural heirs under the laws of consanguinity for CO state.