I have been actively acquiring Notes since that time.I like the the passive nature, the safety and the cash flow that I receive from Performing Mortgage Notes.

(Of course double check their work later) ALMOST always the guys will be willing to perform sidework and either have their own equipment or use the companies they work for and will have connections of their own for other contractors with large concrete saws, a pump truck, have an in with the inspectors/codes etc.Largest concrete project I've put together to date was a 33 yard pour.  

We have some local attorneys that can perform this role, but I am worried they'll run the meter and provide poor value to investors in a workout situation.  

I'll bet you'd consider that :-)I agree, but I exhaust ALL options to locate decent deals.  

I would bet a vacation rental would do well.

Dont forget to factor your rehab when putting together an offer. if you're serious, get a contractor to give you an estimate on the rehab so you can better understand what its going to take to bring this property up to your standards. finding a distressed property and using the 203k is probably your best bet to make these rules work in your favor. 

Oh I bet.

It's non-performing.

You may trust the seasoned one more and not perform any(or very little) due diligence and may get screwed still because of it.

so as of right now, your best bet might be the actual REIA which meets in Everett and Bellevue (mostly Bellevue).