The ownership structures differ wildly.

Some areas are kind of wild but it’s 4 areas I wouldn’t advise anyone to invest. 

Discount is nice but can fluctuate wildly based on the loan rate, terms and more.To answer your question you can definitely invest in discounted notes to hedge your losses in a downturn.

I would like to have some sort of mentor that I can help in exchange for knowledge, and somebody that I can just ask questions to and talk with.I have been seeing across the entire city and suburbs these small road signs that advertise "Real Estate Investor Seeks Apprentice" they are all different, and some of them even make wild promises like "make $10,000 a week while you learn to invest!"

If it is worthless it is worthless If you know of some great unannounced economic project coming that would be the only chance The troulbe with many wholesaler they would try to sell something like that any make up some wild arv and low rehab number  

Like most people here, I am trying to get my footing and find my place in the wild world of Real Estate Investment.

I look forward to this wild ride !

Now does that mean a newbie can't do it or investors getting financing can't play out here in the wild west. 

Looking to start by house-hacking in Utah, but the market here is wild right now -- prices are climbing and buyers are paying significantly over appraised value.

Thats wild.