@Brent Coombs  That is actually a garage.  

Actually any price range is tough to cash flow these days.

I'm going to follow up with the actual mortgage loan officer tomorrow to make sure they are all on the same page.

In my case, my offer was accepted on a Wednesday, I turned the contract in on a Friday, HUD/Sage signed the contract the following Tuesday...so my clock started on Tuesday...but I did not actually receive a copy of the executed contract back until that Friday (3 business days after it was actually executed).5.

I was thinking on calculating the cost of what it will take me to actually be able to raise rents and subtracting that to the actual asking price.

I've been studying up for months now it's time to actually get out there and make moves.

Actually there is a great overview book on NPLs from Fuquan Bilal, search him on Amazon.

That's actually really intriguing. 

My first owner financing deal, it's a duplex the owner owns free and clear no mortgage.I am wondering if I get a deed or title, (with receipt of my down payment,) or some sort of "lesser" title until I pay it off then I get the actual deed?

L. if you're talking about private lenders that you don't know then what you are actually talking about is a hard money lender.