. $10,000 isn't very much in the way of a partial, definitely not enough for a full note (though I have seen some $16-18k notes recently), so the partial that you buy would have to come from someone who may have bought the note with intent to just keep it.As Bill mentioned, when you buy a partial, you're buying the front end payment stream.

I love my day job as a software engineer but want to have multiple revenue streams and rental properties look like a good opportunity for steady cashflow and long term wealth.

Yes, the headache will be there, but sounds like you'll have a team and if you can target 8-10 of these deals, you'll have a nice stream of income...

I don't focus on residential or TK but when looking at those properties and areas look at various companies  and compare and contrast risk versus benefit.In those bad areas to find a good property manager you might have to pay 10 to 12% or more management fee as the tenant is more intensive and more difficult to protect the income stream.

for just 10 bucks the month you can practice roleplay on Tom Ferry's Hub with other Ferry students. well worth the money!

I help and show people how to create streams of income so they can start building a retirement real estate portfolio.

One lesson learned from performing my first eviction on another rental--I let 1 family tie up my entire income stream.

Our goal is to increase our net worth, to help supplement retirement income down the road and to currently provide a stream of cash flow to enjoy some of the finer things in life.We both work full time in professional careers and have so far found a way to manage careers and the real estate business while keeping up with two kids (15 yrs & 20 Yrs old).  

The city of South Bend, population 101,190, is the economic and cultural hub of a multi-county, bi-state greater region, population 858,055 (seven counties), with a labor force of 415,426.

As a business rental properties have two separate cash flow streams, the property itself and the income generated by the equity lying dead in the property.