I'm not in the note business, but it seems on certain properties, buying the note seems like the best way to get control of the property which otherwise is stuck in limbo while simultaneously losing value because of physical deterioration and getting more expensive because of accumulating debt and new liens.I don't think a single note purchase is biting off more than I can chew, but don't know where to bite.  

That seems far easier than trying to build teams in multiple states/locations and also become familiar with all of those markets simultaneously.

You need some due diligence and some luck simultaneously.

Ask yourself this: how many successful business owners simultaneously run 8 large and successful businesses?

As a wise Arkansas oil man (who came into a large metropolitan city in TX and bought a professional football team simultaneously firing the long-time beloved head coach like a government takeover in a third world latin country) said, you need to "keep (some of) your powder dry" for the next opportunity that presents itself.

So after reading different forum articles, some say that simultaneous closings and double closings with reos are the exact same thing.

Both closings occurrred nearly simultaneously and the funds were BACK in lenders' account by 7PM this evening.

I don't think a double simultaneous close will work.

I saw this post and am really hoping somebody would respond.Just to be sure, do you intend to have both a family and caretaker living in the house simultaneously?

We're planning on fixing this house and possibly simultaneously purchasing the next property as well, it's a vacant.