Work with a broker who will actually teach you notes (rare because they usually teach what they want you to know in dealing with them) another way is to self study by looking at various brokerage sites, talking with other investors and reading the note forums, the last way is to pay some guru who may take you down a path of showing you some method that is often expensive.To my knowledge, there aren't any "note schools" or education programs that do not have some vested interest in how you do things or where you invest......that may change soon.Non-performing loans can be worthless.

If you're ever up in my neck of the woods give me a shout always interested in networking with other like-minded individuals.

If your a buy and hold investor, are you planning on putting the properties into one persons name and getting traditional (30 year) financing (traditional mortgages are for individuals, not LLC's) An umbrella policy for a few million is a cheap way to take care of liability, and even if you have it in a series of LLC's and your 5 entities from it, if your involved in the rehab, and someone gets hurt because of neglect or something you should have know, you liable...and if your managing a rental and something goes wrong, your just as liable.

However I would like for you or another professional to teach me how to pull this off.

This way, you're two individuals investing in a deal ... buying the house together, splitting costs, etc.

Thanks for the feedback.I have a bachelor's degree BA: urban planning major, and I started a master's degree in facilities management, but it wasn't teaching me anything I didn't know already from my previous position, and was a private institution.

yeah I'm in the 3 day seminar right now, going into day 3 this morning on a one on one with the coach to lure me in to one of the 3 packages, 21K-51K cdn. ...but like the 2500 it cost me to come to this that they promised a tuition refund, they are also providing a tuition refund with this as well, so with the probability of 100% of the people paying 2500 to not make the requirements in order to receive the tuition refund, I see now how this is a get rich quick scheme for them yes, I do believe in everything they are teaching and that I do need a mentor and a coach, but not willing to drop 50K now that I don't have disposable

In order to be an eligible borrower under FHA you need to be Legal Age (18 or older) or married.There are also maximum allowable loan limits that are set by individual counties.

The teacher keeps teaching!

I would just caution you not to be a pioneer on your first project - that's how it can easily become your last.The best advice I ever got (and often repeated on this board and elsewhere) was to find a partner or mentor with proven ability to teach you the ropes.