Also, note how the majority of you people who are negative or pessimistic about it don't live in areas like mine, have had little to no experience investing in areas like mine, so forth.

I also find investing in notes in other markets with slightly higher returns provides some nice additional cash flow without having to deal with any issues of managing tenants. 

Note that this is not applying to institutional money as that is easily verifiable. 

Do you think the bank will let him off their car note?  

However, when it comes to retirement account you should consider passive investment options such as private lending, investing in a syndication or private placement, buying a trust deed or investing in a note fund. 

A brokerage is fine if your non-traditional investments will not be overly interactive - such as the occasional note, syndicated deal, crowdfund, etc. 

*It should be noted that in the next three weeks, we will be closing on our first SFH buy & hold where we will be the landlords/managers but the property is 4 hours away (its a family deal). 

You get to set the interest rate (it can be 0%) and you get your investment amount back sooner.Some things to think of:To file a deed at the county courthouse is $100-$150 in cost (depending on which county)And you want that note to be pretty close to 70% of the ARV for the property if you don't want to bring any money to closing. 70% will allow you to roll in your closing costs.

When you buy an older property it's important to note that you are not typically required to bring them up to current codes.

I started driving for dollars everyday in Maryland, and noticed some of the things these GURUs talk about, and started taking notes on what investors look for.