And as a Private Note Owner, you can pass these payments onto your surviving spouse or your kids.Or a Charity, like your church or synagogue!

You also have to understand which liens survive foreclosure, which don't, and which "sorta don't" (IRS liens).There's a real art to buying at trustee auctions.

I think there are ways to survive the brutal first year.

Cody Harris you have to look at it from a business perspective.

I've been listening to Czarina Harris's podcasts on notes investing, and came across FCI Exchange. 

You will be forced to do business differently as is reflected in the majority of advice I give in regards to dealing with your normal business operations.IT tends to drive down new rental development and drive up rents, even under rent controls, but this is to the advantage to any landlords that can survive.

Harry Marsh I live in California and is a non judicial state.

I raised the expenses just to cover myself for the unpredictable.purchase price is 1,525,000.00 with 32 units, 12 of them rent out for $524 and the rest for $600.Monthly I'm looking at $6,288 for the 12 units and $12,000 for 20 units and annually $75,456 for 12 units and $144,000 for 20 units. so the GSI is $219,456.now they said its a 3.1% vacancy but that's bull lol so I calculated 5% and 7% vacancy $219,456 x 5% = $10,972.80 then $219,456-$10,972.80 = $208,095(GOI)$219,456 x 7% = $15,361.92 then $219,456-$15,361= $204,095(GOI)I just went with the 7% vacancy just to make sure I can survive with a 7% vacancy.expenses:                                                                    monthly  annually utilities(house electric, full water/sewer) = $3,500   $42,000 maintenance/repairs =                                $800     $9,600property taxes =                                         $1800    $21,600insurance =                                                 $1500   $18,000 trash =                                                          $700     $8,400management =                                            $1,400   $16,800monthly expenses is $9,700annual expenses is $116,400I then took GOI of $204,095 minus $116,400 is $87,695(noi) I also divided that by 12 to see my monthly cash flow which was only $7,307 I'm loosing about 2k each month hopefully I'm right in my calculations please let me know if I am wrong lolBest regards, Eugene.

He said to the investors he had so much faith in his company..he was willing to put ever bit of her personal income into the company to make it survive.

You may not make as much profit but you will also survive and not hurt a whole bunch of people when the market turns.