The 15% return is in paper and not sustainable. 

Numbers always look good on paper but between holding costs when acquiring and renovating property, closing costs on can also add up.I am not saying it cannot be done, as I did it with about 75 loans in a very similar fashion (except I was buying NPL's and got them reperforming).

You don't need to use a title company and pay fees, you just need to proper paper work and quit claim deed.

Provide community items (Toilet paper and condiments).

Basically when you compare Cleveland to Riverside, California most every Cleveland deal will look amazing to you on paper.

Which meant that the banks suddenly did not have enough “safe” assets like that super-valuable & honest Treasury Paper.

It sounds great on paper but I'll have more insight after it goes live and I see how it works.

In most states they must be published in a local paper which all are online.

I'm not sure who is buying that paper at 85% but I hear its out there somewhere.

Please do both of us a favor, and write it down on a piece of paper and burn it.