@Adam SimpsonIf you're going to get into foreclosures, you need to get up to speed on the environment.

I don't know much about the business environment where you are but if there are not a substantial amount of real estate companies that way that is certainly an option to get the type of experience you are looking for.  

I understand how house flipping works in the general sense, but not entirely in the Oregon environment. 

I've managed people in those environments before and seen the consequences of my inaction to hold people accountable.  

We have that problem from time to time in wet environments like WA and OR.

One can chip it off peace by peace as deals come in, with no extra closing cost beyond the deal your already closing on.A good example is I have a small portfolio of 33 units that we picked up for 1.8 million a few years ago, it just hit an evaluation of 4.5 million, we will be able to tap 2 million of that net difference if we wanted.

I would avoid creating an environment where either tenant (current and potential) would feel uncomfortable with each other by making your options clear to both, offering the existing tenant an option to pay for the space with a new lease and if declined, a documented notice giving them time to clear out. 

I just want to study in peace and be with my friends during school.  

Volunteer and give back more than I ever had the opportunity with my W2 job.ConsI didn't think I would get stir crazy or claustrophobic by working from home, but it is completely different than an office environment.

This creates a stable environment for the note holder.For Non-Performing Notes, having an NPN with a healthy Equity position is in your benefit should you need to foreclose on the property.