In the BP community, I'm hoping to connect, meet people, learn, and hopefully bring some of my own experiences to the table to build mutually beneficial relationships and friendships.  

@Gary CliseleNote funds are an excellent way for an investor to invest in notes, in a truly passive way, while leveraging the experience, expertise, and relationships of the fund operator.

It will give you access to funds that you wouldn't otherwise have.Having a relationship with a good hard money lender will also be beneficial, both from the perspective of having access to funds and someone to help you review your deals.

If your note came due after 2007, you were in trouble unless you had a low LTV and strong pre-existing banking relationships.

To be honest, I enjoy being a landlord and have very good relationship with my tenants.

Speaking as a resident, that's one of the things we love most about the city is the plurality and diversity in both demographics and in available arts/college scene/ historical values.

I think the overall area economy is strong going into the future, and long term this area will pull through, but turn more into a SF/NYC/Boston type place, which it historically was not.

He has a good relationship with the tenants and knows that he would have to send them packing if he sold for retail.

This preserves the relationship you have and leaves little room for misunderstanding.Congrats on the deal!

However, historically it has been through wholesale deals from people I know and trust. (2) The time and risk is absolutely worth it if you can find the right property.