Florida note buyers?

[Brandon M.]

Anyone out there with any experience in buying non-performing notes in Florida? I recently bought a note from a lender on a property in my area, but I am not familiar with all the rules about servicing it. I was told by someone an individual could service up to 10 loans on their own here in Florida without having to use a major servicer like FCI. I like the idea of buying notes at a discount and want to continue to add them to my portfolio, I just want to make sure I am crossing all Ts and dotting all Is. 

Because I purchased this one I have been shown 2 more notes, one in Altamonte Springs and another in West Palm Beach, but I want to be sure I am evaluating the full extent of what I can and cannot do before pursuing more, especially one outside of my local area.