@Terry Mason I will look into it but I doubt its that cheap here in New York or not simple lol thanks.

Simple they purchased any properties from $32k to $35k.

@Charlie Fitzgerald  thank you .... our state division of finance and corp securities put out a bulletin clarifying what you could do in Orygun and that was deemed 2 a year no more than 3 in possession.Finding a RMLO that will do your paper work is not very easy...

@Tony Kogan  Risks are simple as Darren eluded to.. you don't know what you don't know..

You will want to have the accounting, maintenance and everything else in line so when you have 50 properties your not sitting at your desk looking at a pile of papers.   

The conference looks like it has a good amount of value, but with the Paper Source conference in April, and the Note Expo conference in November, it's difficult to justify the cost of travel, hotel, food and the conference for yet another event in our note investing niche. 

Alot of the retiring owners don't mind holding private paper...and it pays them more than cash sitting in the bank at less than 1%.There are some bright stars in here and some thugs...don't be discouraged.  

For most people, just keep it simple.

I'm buying my first property with no agents involved and I just picked up a thick stacks of papers from the escrow office that I need to sign.

Something general on paper may get into the right hands down the road.