Non Performing Notes

[Ikaika Kane]

I hope that I am posting this question in the right location. Please allow me to apologize ahead of time if I have put this in the wrong location.

I have an opportunity to purchase non-performing notes. I do not have any experience in this field, but the price of the notes are tempting.

Can anyone give me advice as to what price points I should expect to purchase the notes? Any major pitfalls or danger I should be aware of?