I have an opportunity to buy in a developing resort in Mexico.

Using their existing income and a point-in-time snapshot of the minimum payments, they pay their debts off sooner using the snowball technique.Debt Reduction is a last resort for folks who have "too much month left at the end of the money", as Tony Robbins would say.

Time to get those skis out!

Ideally I would like enhance the house to make it livable during the winter since there is a ski mountain a few minutes away.

Many of the ski areas offer mountain biking where you ride the lift up and ride (or maybe fall) down.There are shuttles from DIA up to some mountain towns. 

Took out two cars, back room of the house, and all ours skis.

They are located in a mountain ski town in Colorado.

We own 2 vacation rentals in a resort called Ocean Villagewhich is located on a barrier island called Hutchinson Island which is on the East Coast of Florida.

Old notes may not be collectable and you'll need more due diligence in the legal aspects of the lien.Jr. notes are pretty much a door opener as you have priority to payoff the senior lien and if the total loan to value is favorable you can manipulate deals with the borrower, but again, foreclosure is usually a last resort and profits may be limited to the discounts.I have said before buying notes is pretty easy, it is when you know what you're doing, but you need more than RE knowledge, you need to sharpen your valuation skills, legal aspects, title issues, foreclosure proceedings, safeguarding collateral, repairs/construction aspects and the market of RE as well as the market for notes

I had three main changes:1) Switched to 6x9 Manila envelopes2) Hand writing all "To:" addresses3) Shorter letter with a stronger call to actionI dropped roughly 125 letters in the mail early Saturday morning before I headed up to Tahoe for some skiing.