You deposit cash into a savings account or make a down payment on a house.

By default, the Mortgagee is both the one that lends and the one that has an insurable interest and therefor both descriptions pertain to “Mortgagee”.Which is preferred: Traditional Banks always only require they be listed as the Mortgagee whereas Hard Money and or Private Money; it’s 50/50.Now, you’re probably wondering in what instance would someone be listed as a Loss Payee but not Mortgagee- well, let’s say someone lends the property owner money in a non-traditional fashion - we can chat more about this later -whether it be for the property or for something else, doesn’t matter, and the borrower uses the property as collateral.

Average highs are around 72°F, while lows hover at 50°F, requiring layers and sunscreen.

Lenders will be limited and it will require more down payment like 20% when they should attract 1st time buyers. 

Now if you have the cash to pay off the underlying loan at anytime if there is an issue then your risk goes down to is your buyer going to pay and if not are they going to trash it.. same issues you have with any tenant.Well if I had a Tenant that trashed the property I would use their security deposit to repair the property.

First, take your client requirements for size, type, cost, location, etc. and develop a list of properties that fit. 

It’s crucial to ensure you’re compliant with your city’s requirements, including permits, taxes, and safety regulations.Ok - that was just a stab at it. 

Like, in Colorado, I believe you're allowed to keep a tenant's deposit in an interest-bearing account, but you couldn't say buy a car with it, obviously.

@Lan Bak, the REIT does have  distribution requirements (one of the reasons they start strong in a market and fade as a market matures). 

Wow.Aren't you required to take depreciation too?