Taking action before you know anything is going to real estate investing meetups, asking smart questions in the forums, building relationships, reading books, and listening to podcasts.

To summarize:The note investment market is a niche, relationship-driven industry with limited overall size.

Historically there is a bad relationship between initial cash flow and long term cash flow.  

Being new to the LA market, I'm looking to partner with someone who has established relationships with local contractors and/or experience with creative financing.

What relationship to either party do you have?

I'd rather spend time meeting people and fostering real relationships than driving people bonkers with cold calls!

We source off-market deals, pair them with investors, and then hand hold through the rehab and city inspections when things are complete.We have existing contractor relationships and a team on the ground to keep tabs on things and keep you informed along the way. 

It's a profitable relationship, one where a person says "I am luck to have found ___". - 5% of agents "walk-on-water".

If and when you need a PE or licensed Architect to stamp plans, the contractor will have a relationship with one.

Purchase price: $127,000 Cash invested: $20,000 Off market deal from a relationship when tenet left aesthetically rehabbed the house and is now cash flowing rental.