One thought if Scottsdale still owned the notes was, see if we can buy them at a discount and make a spread on re-selling them, but having seen that interview, you're probably correct that they had already sold them on anyways, keeping that spread themselves (which never got back to investors!

You could also look into a house cleaning service that offers a discounted first time cleaning.

Say I have a first position performing note, what is a typical discount I should expect to give when selling?

Problem with many of them I see this far north is November thru March they kinda sit or you have to discount the daily rate so much that you only might break even.

They may want to extend for a year after the 6 months at a discounted LTR rate or it is simply a transition place while they look to buy, etc

This does not discount the fact that these notes have gone bad and then turned into equity..

Nope.. developers by and large are not going to cash you out and take the entitlement risk for such a small discount.. maybe 500k discount they would but not 100k.. not going to happen unless you find a developer that is not very bright and has money burning a hole in their pocket.

is this a good way to buy a property at a discounted price? 

Ive certainly purchased properties at serious discounts to the listing price....but it wasnt just random shotgunning of the offers.What I usually start with when trying to see if a lowball offer is appropriate is having a conversation with the listing agent first.

If you will be purchasing materials those cards offer some discounts and in addition you can get pro discounted pricing on larger orders as well.