Can someone recommend a good RE attorney in Southern Cal that specializes in notes and TDs?  Thank you!

But we are very careful with tenant selection and find the creams of the Class C resident pool.I think you're going to be disappointed with paying out more than $50K per unit for anything that only yields $100/month positive cash flow. 

However, I know their stressed from using all of their intellect to solve problems for a company that doesn't care about them.

Then, I realized, if I go out of my way to help their business grow they will take better care of mine!!!! 

They have more skin in the game then you do.Make sure you get clear title.

He takes care of the property like he owns it.

I always make sure I have some skin in the game.I think this is most definitely the way for you to go.

Well, @Eric Schwake, other than the tax advantages for rentals, collecting a mortgage payment from a borrower is like having a tenant who pays you monthly, doesn't ask to have anything repaired, does not move out and require you to turn over the property,  and keeps really good care of the home (mostly).

We are extra careful in our screening process for this reason.

As long as you are not lying about the income, the IRS won't care that it is not a regular monthly amount.