I bet you will get replies especially if you mention exactly which city you are looking to invest.

It has about a dozen columns.

Cheaper and faster I bet to replace it.

Your best bet would be to contact a reputable property management company or attorney in Iowa and ask them to be sure.

The front deck is getting overhauled, the living space is completely opened with beams in and columns in place, can lights are in, and the backyard now looks MASSIVE!  

I bet you have some friends/family that come to you whenever its time for them to buy their home depot/lowes stuff.  

And with a 20% return I'd bet your beating any stock/mutual fund return out there.

While it may be possible to offer indemnification to the buyer's title company, I wouldn't bet on that flying.I, too, considered the quiet title route here but it's likely to be lengthy and cumbersome.

I'm betting unregistered, but, I'm not finding any fault really, just pointing it out for those interested in lending.

If I had to bet money, I'm guessing that note is totally legit, in senior position and foreclosable.So the real question is (for me) where is the title company on this?