Purchasing Out-of-State Notes

[Zach Bollman]

Hello all, I have been investigating notes available from MLS and other sources, but am a bit reluctant to purchase a note that is outside my state. My concern is working with the borrower should the note become non-performing. Is there anything that I should be aware of, such as certain states to avoid? Additionally, does anyone have advice relating to purchasing notes from different states? Thanks in advance!