Cash flow isn't impossible here, but you have to think differently.  

I live in NJ and the shore is basically up 30-50% making investing were I would want, LBI and Point Pleasant Beach,locally nearly impossible.

That being said, IF that finish is damaged, it can be difficult or impossible to refinish the floor.

Fort Wayne is oversaturated with out of town investors and deals are nearly impossible to find.

This is pretty much impossible on a stabilized apartment.Now I am contemplating selling the fourplex, as I was just gifted a $3000 punch-turn on my last tenant leaving.

@Stephen Brown I have also been here most of my life and the main downside right now is nicer properties are very difficult to impossible to find where the numbers still work for long term buy and hold.

The rate will simply be too high and make cash flow impossible.

I'll be honest, this is going to be tough but not impossible for you. 

KCMO staff is hard to reach via email and sometimes impossible over the phone as they are short staffed. 

If I could drop the balance on the 2nd, even marginally, then the deal becomes much sweeter rather than something I'll probably do for the learning experience, with a little profit on the side.I own and run a title company, I'm not new to real estate and how liens work, but no, I am not a Note investor, and have read in the forums that purchasing a specific note from a large bank is nigh impossible.