If so, and assuming you don't want to spend a lot of time digging up a better deal, go for it.Now, all that said, the way you phrased your question(s) leads me to believe that you probably don't have a handle on one or more concepts:- How to analyze deals- How much you'll be losing to expenses (check out the 50% rule)- How sensitive returns are to changes in investment, income and expenses- How leverage will impact returns- The time value of money (a dollar today is worth more than a dollar tomorrow)I think if you spend a couple weeks reading and getting familiar with the concepts above, you'll be able to answer your own question...

I understand the concept completely, but what I'm more curious about is what real investors are actually paying these individuals?

@Edward Burns, correct the upcoming hearing is about lost.

SO @Edward Porter you go by "Black"?

I get the concept of buying discount notes, meaning -Note holder needs cash and is willing to sell note at a discountBut where do you start shopping?

Bill and others,I DO understand the 'skin in the game' concept.

@Edward Hamill,To make the @ work, do the following:Hold down the shift key and type @?

@Edward Beard try @Nancy Roth She is a member here on BP and goes to some of the local real estate investor meetings.

@Kerry Edwards I do not have any debt to pay down.

New concept/business, so you won't find reviews pertaining to the University.