Access to financing, such as 90% of the purchase price, can significantly lower the entry barrier, but success still depends on having a well-thought-out plan for managing renovation costs, timelines, and potential risks to ensure a profitable outcome.

No experience with non performing notes.My idea is to buy these notes with the primary goal of accessing the property through foreclosure, knowing that there are several other possible outcomes.

I've had the opportunity to see what the Attorney's version of the NoD looks like so if there was a situation where the borrower just needed their feet held to the fire and I didn't anticipate a need to go down the Foreclosure path, I feel comfortable sending an NoD letter myself, certified mail with noted stipulations to cure and outcome if not cured. 

N/A What was the outcome?

I rented it out for 4 years now turning it into a airbnb it is now worth 400K What was the outcome?

Upgraded kitchens, bathrooms, and other items that hadn't been touched for years What was the outcome?

Remember that you’re incurring a vacancy loss every day you don’t have a tenant in place, so you should consider the trade-off here.

All younger people should be considering trades right now as that industry will be paying more and more over time.

What was the outcome?

@Eduardo Sandoval Ramirez - Absolutely, you are just trading paper for a profit.