What happens to the 'comparable value' if the area is uninhabitable or a community that won't return for years? 

So, there is no argument for using margin account to try meet/beat REI returns because it would just nurf your WS returns down all the more, expanding the divide between the 2. 

Leslie, sounds like you approached it more from a management perspective or returning guest.

On 11/15/2024, we successfully sold it for $200,000, delivering a remarkable return.

In terms of maximizing your returns you want to compare the interest to an alternative.

I have a couple of notes on properties that I lent on that are currently late as it is taking longer to rehab and sell than expected.

That is a 3.4% cash on cash return in year one (7903/232000)Year 2, reduce 7903 by 5592 because there won't be property tax break so that is $2311, or 1% c/c return in year 2 (2311/232k)Year 3, reduce the $2311 by $4930 for PM fees for a net loss of -$2619 per year or a -1.1% c/c return in year 3 (-2619/232000)Essentially, these numbers are so far off of pro forma and there is pretty much zero wiggle room on these numbers. 

Hi Tom,I love crunching numbers and thinking about returns. 

@Tove FoxInvesting out-of-state can be a great way to tap into affordable markets with strong rental demand and solid returns.

I plan to sell my Vegas condo and it looks like I'll be able to make about a 35-40K return.