I sat down with Scott Carson, the guy who has bought over $2 billion in distressed mortgage debt, and I made sure to ask him the questions I know you're actually curious about. How does it work? Where do you find the deals? What happens when the borrower won't pay? How do you fund it without a bank loan? And most importantly, is this something a regular investor can actually do? Here's the concept: banks have mortgages where people haven't paid in 6 months or longer. The bank needs them gone so they sell them at 50-60 cents on the dollar. Scott buys the debt, not the property. He becomes the bank. 70% of the time he works out a payment plan and keeps the borrower in the house, turning a non-performing note into cash flow without a single rehab, contractor call, or maintenance headache. No toilets. No tenants. No trash outs. His first deal was a duplex in Phoenix. Paid $9,000 for a $105,000 note. Two homeless guys were living there running extension cords to the neighbor's house. Walked away with $15,000 profit and never set foot on the property. If you have never heard of note investing, this episode is worth your time. Drop a comment. Had you ever considered buying debt instead of property? I put this together hoping it delivers real value and helps somebody out there think differently about how they invest. If it does, share it with someone who needs to hear it.