If I add up all the lender fees and my holding costs—like points, origination fees, and interest —I can figure out how much profit I’ll make and what my maximum offer should be.

If someone offered to finance this house to you at your current rates if you put down $250k would you do it?

While the market can go up or down in either investment, Real Estate is the only one of the two that offers income opportunities through rental income, that stocks don't, and can often help ride out the storm of market fluxes.Also, the Greater Phoenix market (that includes Scottsdale) historically nets 65K+ Californians per year. 

Hey Steven - An LLC is a solid choice for structuring your partnership since it offers liability protection and keeps things clean when splitting ownership and profits.

But it certainly seems like you're right that BP offers much more in general

The good news is that real estate offers countless opportunities, even in higher-cost areas, to build wealth and achieve your goals.

There is a fine line between offering a well rounded service and leaving too much in the home.I love the business and glad to be a Superhost but this has been my experience.  

Purchase price: $145,000 Cash invested: $60,000 Finding a move-in-ready home that offers modern upgrades and country charm can be challenging—but this fully renovated 4-5 bedroom, 2-bathroom ranch is the perfect solution.

Instead of discussing the possibility of owner finance with sellers - what if I offered the opportunity to  JV where they are the equity partner?   

I agree with Michael, probably need to make 100 offers per 1 accepted to find a good deal.