I also take pesos, gold, silver, cars, motorcycles, trade houses, airplanes, stocks, bonds.... etc... to piece a deal together and get paid!

If we buy this loan, we need to have a thorough game plan on how we are going to be resolving this and understanding these dynamics is key to managing expectations and protecting investments.Sounds like a deal more for someone that buys partial inheritance estates and spends years piecing it together than a note investor.  

If you are trying to piece everything together yourself remotely I think the time and brain damage and extra cost in time and cash you would be better to go yourself and do it. 

Purchase price: $70,000 Cash invested: $70,000 Bought a piece of property with 2 houses on it.

My few pieces of advice come from the property management / rental side of things.1) Do your due diligence - Learn your laws, do property tenant vetting, etc.

@Jacob Sherman We have a partner that is going to sign on off the loan docs in exchange for a piece of the fees or a piece of the GP ups, still negotiating.

I personally like working with a broker because I know they are helping to vet the insurer and making sure that I am not missing key pieces of coverage.That said, from my understanding of the insurance markets basically different insurers like to spread their risk out across geography and asset class.

You have the management piece figured out, revenue side looking up, and the area is good.

As an investor there since 1955, and a real estate broker since 1965 and paying finders fees that passed the occasional department of real estate audits during those years, you will need to amend your opinions regarding California and a few other states.

This will affect how you market a lot.One piece of advice on what you wrote.