I’ve been browsing Paperstac quite a bit lately, but I’ve noticed that most of the properties against which the notes are secured are decrepit shacks located in very rural areas.I’m fully aware that the kind of borrower who defaults on their mortgage won’t usually be living in an ornate mansion, but do you know of any way to buy notes for properties located in major cities, or at least somewhere where home values won’t tank 50% when the local chicken slaughterhouse or glue factory closes?

Your experience in sales and market insight from your work and living in the Detroit area sound like valuable assets.

I live in San Diego, but I have a rental property in the Chandler area.

And then there's the question of whether you even want to live in a state like that.

I live in the greater Biddeford area in ME. 

Everyone has agreed that the home should be given or granted to my gf since weve lived there with her mom for the last ten years.

Stick with those A/B-class markets for peace of mind, especially since you live out of state.

I live in the greater Columbus, Ohio area.

I am repainting and refinishig the floors , so the work is being done in the living room and kitchen

I have lived here now for about 10 years and it can be an interesting area because there are some pockets of the city where every other street can be fine, and the opposite streets are not the best, but also not the worst!