I have been buying and holding a couple cash cow duplexes for 5 years.Duplex #1 Purchase price 26k rent = $1,100Duplex #2 Purchase price 19k rent = $1,050These were my first 2 investments and they have allowed me to do fix and flips which I find I earn much more at a quicker pace.Michael

Depends on the note as Jay mentioned, non-judicial states will be quicker but federal laws require notice, demands, collection records, modification allowances, redemptions and 120 days before you can proceed.

Of course this is all good if the more expensive GC can deliver a quicker and still a quality job.

Mostly the people that get frustrated are the turnkey providers as the values will get beat up and they are used to selling for cash and quicker.

This is due to the fact we have become more experienced, more stable thus reducing his risk, providing quicker turn around cycles and w now have better assets securing the funds.  

Also you may want to try and purchase the note vs the short sale w/qcd to close quicker.

The quicker I receive the discount the higher the yield on that investment.Holding notes is fine for us retired folks, better than going to the bank or insurance agent, but business wise is to work and produce the highest return.Your best deals will be by working directly with the lender who originated an obligation.I have to say too, note investors really need to understand the new brokerage laws! 

A boutique firm will allow me to get my hands dirty quicker.

I have four rental properties and use this company "Resolute Property Tax Solutions".  

If you don't get additional profit, but at least net the same, but sell quicker,  you've added to your experience and haven't lost anything!