Is that what you're thinking of doing... or would this be for raising private money for REI or selling wholesale properties?

If you have any question feel free to send me a private message.

It took me eight months to get a prior tenant out, and he only left after the marshall's notice, I didn't recover a dime and it cost me over $6K in legal fees.

For example, one reason that we work in Memphis is because of the laws respect the private property rights of landlords.   

first you have to decide what you want to do in the note business.. what most of the responses are talking about is buying bad debt.. and 2nds at that which this is the most risky and the most work..if your looking for work and risk and job then that kind of note investing is for you.If your looking for Passive income with no work and Limited risk then you simply need to align with a great HML who takes on private clients or those that understand where performing notes are generated.. we have done over 1700 performing notes for clients that last 5 years and really don't advertise at all. simply because once you get conservative investors in your program it just feeds itself.. deal flow is the key right now.. most have a hard time finding quality. finding defaulted seconds is easy.. and the most risky. 

Last week a sheriff showed up to the house according to neighbors but left no notice.

The banks I do business with don’t do construction loans to private people, and I am not sure I have the income to get the kind of loan that I might need.

Is this a private lender?

NO one returned calls, emails and then I received city violations notice in the beginning of March for 5K for the exteriors condition, emergency boarding of the property (multiple times) and a variety of other issues.  

Might be viewed illegal, but politicians don’t seem to notice the little things.