This "Face-To-Face" knowledge and interaction becomes important, if any "sticky" issues develop during the transaction. 

I was however on a 10 year note.

I'm looking to really learn as much as possible about different real estate investing strategies, more so with a focus in wholesaling, and non-performing note investing.

The bank can call the note due. 

What if we have a Promissory Note spelling out exactly when interest will begin to accrue and maybe another Promissory Note for when the property is purchased so there will be collateral. 

Read the ultimate guides to renting your house and screening stickied at the top of the forum. 

This seems like it could create all types of problems, but maybe I am just unsophisticated. you can transfer title sub too that's legal.. what you have is alienation of title.. and alienation of title is an event of default.. in an event of default the lender or holder of the note and mortgage may at their choosing accelerate all payments due and payable.. that's the riskthe land trust while nice is still an alienation of title.  

Greetings, My wife and I are coming up on a time of transition in our lives, from full time employment to investing in notes, funds, etc. 

Thinking about it now, they can tune points charged and the rate to achieve a similar result to account for paying off the note early.

This is true, but one should note an important limitation to this was imposed with the TCJA.