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You won't have to worry about default.
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You won't have to worry about IRS income tax reporting requirements.
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You won't have to worry about destruction of the property.
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You won't have to worry about bankruptcy of the payor.
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You won't have to worry about divorce or death of the payor.
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You won't have to worry about IRS tax liens against the payor.
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You won't have to worry about your note being assumed by a deadbeat payor.