Having a solid Partner has been instrumental to me as well not only for analyzing deals but also for accountability. 

Thus, an eligible interest cannot be a debt instrument within the meaning of section 1275(a)(1) and §1.1275-1(d).

(the lender will have to pay for it in advance).Sometimes there is language in the note and security instrument that allows a lender to not only collect on any and all advances (such as taxes, insurance and legal fees) but also charge interest.

Jorgensen Co.Eastman Kodak CompanyEaton Corp.ECC Capital Corp.Enserch Corp.F&M BancorpFiberMark Inc.Figgie International Inc.Fina Oil & Chemical CompanyFirst Bank System Inc.First CommonwealthFirst Midwest Bancorp Inc.Fleet BankFleetBoston Financial Corp.Flightsafety International Inc.Frontier BankFulton Financial Corp.GATX CorporationGeorgia Power Co.GNC Corp.Great Plains Energy Inc.GTE CorporationGulf Power Co.HCR Manor Care IncHechinger CompanyHeritage Commerce Corp.Herman Miller Inc.Hershey Foods CorporationHillenbrand Industries, Inc.Hosiery Corporation of AmericaHoughton MifflinHousehold FinanceHovnanian Enterprises Inc.Hughes Supply IncICI Americas, Inc.Idaho Power CompanyIKON Office Solutions Inc.Indiana Michigan Power Co.Integra Bank Corp.Intermark Inc.Iowa First Bancshares Corp.Iroquois Bancorp Inc.J Jill Group Inc.JP Morgan Chase & Co.Kansas City Power & LightKansas Gas & Electric Co.Keithley Instruments Inc.Kentucky Power Co.Keycorp OhioKimberly ClarkKorn Ferry InternationalLaser Master Int’l.

well in most debt instruments non payment of tax's is an event of default. check your docs and see if that is the case if it is then see what you have to do to foreclose on a land  contract.. each state is different. 

They will be instrumental in telling you where to build, how many residents they can handle, and also will give you more accurate estimation on the actual budge to make your pro forma with. 

Your breakdown makes perfect sense and is actually the exact way I currently view the DST financial instrument.

Infact, I'd say if you these houses make up a higher portion of your NW it's more instrumental to protect them.You don't need to layer in trusts, etc.

Going back a bit as to the salesman, The Music Man has to be one of the top examples, selling band instruments using the "Think Method" if you think you can play it, you can.My first selling experience was as a 12 something kid, my folks had a camping trailer/supply business, I just jumped in doing demonstrations showing how easy it was setting up a tent trailer.

But they won't sit down with an instrument for a couple hours a day for a decade or two.