My guess is that the OP works at property management full time or close to it and feels that she is undertaking expenses that she can't write off on her Schedule E.  

Buying a NPN just to take the current lender's position, and begin "working " the note, is a very time consuming, often costly undertaking.  

I know this is a massive undertaking and I have a ton of work in front of me.  

I know this is a great undertaking for someone starting out, but I believe in the purpose and there is a definite NEED.

It won't be easy to find or execute such a deal, and the risks are high so you must detemrine that the risks you undertake are truly being rewarded with alpha not just being rewarded with high returns because the risks are actually so high.

Even if you never lift a hammer yourself, you will benefit greatly from understanding the construction process and the sheer complexity of what you are undertaking so that you have a better idea of what any contractor you hire is talking about and what they are doing.

A person is not a contractor under this provision if the person contracts with a registered general contractor and does not superintend the work or undertakes only the installation of carpeting or other floor covering, or painting, or both.The new modified law goes into effect July 24th.  

Absolutely...Mike has been gone for a while...I think I heard that he was focused on some political undertakings (in a good way)...don't know if it's working on political campaigns or something else, but I know that it was a passion of his...

Even if you decide to not look into Renatus any further, by all means - do learn REI before you undertake your first investments.

Is this a project that an investor could undertake DIY style?