@Dharmesh Shah  PS I am in no way endorsing any notes or the OP note product I just clicked his site and without registering you can see some of the notes he has bought and the % return they advertise  along with the asset location ,  as for quality you can get feel by the pictures the rust belt stuff appears to be whats known in the industry as low value assets.. and due diligences warrneted for sure

However, they haven't earned a complete endorsement from me as I discovered through different BP forums about the complaints against Mack.Issues with Mack InvestmentsTroubles and Issues with MackTenant reviews of Mack on YelpNow  some of the questions, concerns and allegations are answered in those threads but not all of them.Personally, I am immensely satisfied with the tour and have received a list of people for reference check from Mack.  

I have to assume all landlords understand the concept of these kind of short term rentals and have provisions in their leases to cover it.I never took any of the discussion of how she got into this market as an endorsement of subletting in violation of a lease.Those who stopped the episode short should give it another listen.

Those do not place any burden on any lender or their right to enforce the note, jointly or severely with any maker, endorser or guarantor.

I am not getting paid to endorse anything here.

@Michael A Swidorsky I don't have any referrals in the space you're looking for but you can just punch in "YOUR CITY or AREA" plus "ATTORNEY" into the search window above and check out a few bios and people's past endorsements to zero in on someone that fits your ticket.

You have the homeowner get rid of his insurance and you have them replace it with a commercial policy or a dwelling policy with the endorsements you need.

I have been to a couple and endorse them.Good luck, there is a lot to read here, and don't be afraid to ask questions.

If you purchase the note, that would be done prior to making a deal with the borrower so offering $5k would not be up to the current mortgagee, you would be the owner and could offer and do what ever you want....after you own it.Additionally, the suggestion above was a little light on conviction, if the note is lost, take care to ensure you have proper endorsements and gain ownership.

Hello, I am new to Bigger Pockets and the whole real estate investing game in general, but I love googling stuff, so that's what I did.Here are the results of my googling efforts -- These scripts are just free docs I found strewn around the internet and are in no way being endorsed by me or anything like that (I haven't even tried using any of them yet!)."