I could see this working if you tried it this way:-buy a very distressed property that somehow still qualifies as "livable"-perform a live-in-flip style operation, minus the flip at the end-do a cash out refi based on the higher value after renovationYou'll have to make sure your cost of renovations are much lower than the equity built.

I have also shown properties that are just dry-walled before, and have been able to paint an accurate + attractive picture for the prospect of what they will look like finished, securing the deposits.

Secure a heloc on each of the 7, or hard money lender.

Until then, make sure you have a good day job and do what is needed to be strong performer in that job. 

Hi All ,I am doing some research on Trust Deed ( Performing Notes only ) and have found few providers through the reference from BP and also doing an organic search on the Internet.Have anyone used company Paper Assets Capital (PAC) to buy Trust Deed ( Performing Notes only)?

Oh, forgot to mention: consider looking into the SEC angle and Pennsylvania's securities law as well.

For myself I consider a mixed portfolio approach that includes performing notes as well...

I think I have hit on a decent business that could employ 1 or two people and still generate a very reasonable return.My thoughts are the renter's would sign a loss and liability wavier and I would provide security cameras and lighting.

@Jason Hodges Before spending a dollar I would take the appraisals you already have and basically perform your own new version using the same exact deductions the appraiser used. 

You cannot perform any real estate services without a license.