Distressed / Non-Performing Note Acquisitions - Questions
For those that have acquired distressed / non-performing notes, how was the experience? Can you share some hidden challenges or fees that popped up? How much (as a % of the PP) in lawyer fees should one expect to pay for (i) the acquisition and (ii) the call.

Additionally, which strategy did you choose: Work with the current landlord to fix cashflow problems or call the note due and obtain the property?

Thanks in advance to the insight!
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