Anything with a low CAP Rate where you don’t own the land, you should hopefully have a lengthy remaining lease and ideally a corporate guarantee.I hope this helps and I read the deal correctly ha!

I have a termite bond but it only covers active termite damage and we haven’t seen any active termites.

This only lessons the chance and usually provides some type of bond against damage.  

Here in the South, termites are a big deal and it pays to have a "termite bond" in effect when trying to sell a property.  

Fees are not refundable.Some people are charging something similar to a security bond.

Also remember sometimes  the length  is not an adequate source for how much work and effort was put into it as in many instances they must research existing case law

Hi Zach,I agree with Penny however Illinois law makes the process of removing the tenant lengthy if the tenant refuses to leave on her own accord. 

Sound like you are looking at bonds or note funds, not necessarily individual notes.

As used in this Section 18, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser.

@David Bilandzija where do you typically go to buy US Treasury bonds ?