I run a small NPN investing shop and while yes there are regulations and rules we must play by, they don’t prohibit us from buying the notes. 

You may want to terminate the existing agreement before moving on.

I'm in Washington and read that there is a lot of regulation coming down, but I stay in my rural county to keep away from all that.

One does not negotiate a existing legal agreement.

This opportunity seldom exists in real property ownership.I think that trying to use crossover strategies between real property and notes is not a good use of timer effort.

I always buy "off market" and just take over the existing financing so I do things a little bit differently.

Its existence in no way makes this a distress sale.

The example has a woman who is a Widower and lives in a 3 Bedroom regulated apt, but was not asked to down size after her family reduced in size.In defense, however, I would ask how often does this happen?

And the funny thing about the previously existing law is that you would have possibly ended up in front of a judge - my bet is the judge would have required that you have that “lead safe” certification.

Originally, I had intended to simply have them transfer the deed to me subject to the existing financing or simply buy the house from them for what is owed on the house using a short term hard money loan, but the more i think about it, the more it might not be a good idea for any deed transfer.