Unfortunately there are some bad eggs that make it hard to figure out what to believe and what not to believe.

How would I go about seeing what notes are available for purchase?

its a baseball term referring to a pitch that is so low, the batter thinks its a ball, but it just barely comes within the strike zone. the ump calls it a strike and the batter never swings. funny thing about these lowballs that no one swings at........ they never get a home run from them either. as a pitcher, if you never throw a lowball, you never get that strike on the batter. as abat ter, if you do not swing at the low ball, you are never gonna get a hit either. you need to throw that low ball once in a while and see if that batter swings at it. getting started again is hard, but you already know some of the game from trying a previous time. so, you should have less fear going into it this time around. you have watched all the podcasts, read all the books, now get out there and do what you want to do. no one stays in school their entire life, you have to get out there and apply what you have learned or all that learning is useless. get out there. if you fall on your face, then get back up. the only way to learn to do anything right is first learn how to do it wrong. then you know what not to do. good luck to you 

I do think $600k is quite steep asking price for my market so I will get with a realtor to check comps and what not.

Even those who are not successful have something to teach you, usually that's what "not to do," but they still have something to teach. 

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estate.Understand you can not eliminate all risk, only mitigate it.

At the end of the day, next rehab I know exactly what NOT to do.

i think most of these shows are good entertainment. you can learn a lot of what not to do and take the rest with a grain of salt. we do get the shows mentioned in canada and also get big city broker from toronto and how to be a property developer from the u.k., anyone seen these shows?

They receive the lis pendens first.By the time they're on realtytrac or foreclosure.com and what not - consider how many people have already seen this.

As long as the return from that borrowed money is higher than what you pay for to get that money (= debit/loan interest) then you are making money - leaving aside the associated benefits from (further) deductions and whatnot (potential rise in vaule and so on).I do disagree with @Audrey Ezeh as regards her statement "it's the leveraged ones that will suffer more in the down turn".