We use that as a key fundamental to make sure we are making money by borrowing.

In my opinion, most Realtors are fundamentally sales people more than they are real estate people.I'd recommend showing up at our local investor meetings and picking the brains of local investors before I would connect with an agent.

At the conclusion of that effort, I'm only concerned about its value being somewhere reasonable close to the entire cost to obtain and renovate it.That said, in thinking about how to get to that outcome, it seems to me the idea of buying the note from its current holder would be an ideal solution, depending on two fundamental things.  

Nassim Taleb's "Antifragile" is a healthy does of reality about risk management and the fundamental concept of optionality (along with the importance of adopting a "barbell" approach to your portfolio).Beyond those, it depends a great deal what your goals and investment philosophy are.

I don't think that the fundamental in Memphis vs Vegas and Phoenix are the Sam.

Originally posted by @Pete Smith:- Total AMT repaid = (60 * $20.28)  = $1,216.58All well and good so far....Am assuming that the future value (FV) of the $1,000.00 using the same values as for the loan, would likewise come out to $1,216.58.Here's your fundamental problem.  

However the basic fundamentals of being a "good" landlord is what crosses over and is important no matter if you are room renting, multi-fam or commercial landlording.Good luck Harry! 

@William Rose I don't think there is anything fundamentally wrong with your strategy here but it may be an issue of how you approach and work with these potential buyers.  

What would be the basic fundamentals of Inspecting a house during the closing process of purchasing a property. 

What fundamentals in the market place do you think has changed?