Based on my estimates I'd net about $500/month.At the same time, I'm wondering if the money would be better used for buying/starting a business assuming I could systemize/automate it as much as possible?

The note is a legally binding financial instrument that is registered with the county clerk's office as a lien against the house.

Does anyone in the group have extensive experience using list automator and exporting/importing Data and filtering marketing lists?

This is a question for a local attorney but in general you will want a mortgage note and trust deed if you're in a trust deed state some states are mortgage only (both note and recording instrument is built into one document).Usually the attorney or escrow/title company acting as the intermediary will coordinate the closing documents for the rest like evidence of insurance, title insurance, coordinating notary.Hope that gives you a good start on the process.

@Ned Carey The real Estate Agent set me up with the automated listings emails.

If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument.

A secured debt is one in which you sign an instrument (such as a mortgage, deed of trust, or land contract) that: Makes your ownership in a qualified home security for payment of the debt, Provides, in case of default, that your home could satisfy the debt, and Is recorded or is otherwise perfected under any state or local law that applies.In other words, your mortgage is a secured debt if you put your home up as collateral to protect the interests of the lender.

Do they use "trust deed", as opposed to a "mortgage" as the name of the instrument to secure the loan there?

Can you elaborate how your system is better than that with the automation you bring to the table?

Petersburg, VA, a city that has been economically devastated for years, since the Civil War, is now recognizing the Civil War Sesquicentennial, with its historic battlefields, mansions and properties that were part of Civil War history.If you really love history and this country, wouldn't you like to be instrumental in rebuilding a crumbling USA?