I never want to chase the last dollar, it is the most expensive.  

Replacing windows would be the largest single expense - still has the original 1975 casement windows.So if I'm it this were to hypothetically work out ---$50k               Note purchase and legal fees to foreclose  (Hoping if they sell note for 10-20 cents on dollar it would                                                                                             be 35-40k for this part - spitballing $10k in legal fees)  $120k           Rehab  (would need maybe another $20 for the basement later)  -------------------------------------------------$170           Total invested      At a min ARV would be $220-250k if not higher depending on what I do outside- but dont see it going above $275k or so -- New/redevelopment is taking place very close by this neighborhood - homes hardly sell if ever since people live here for 20-30+ years or have so far in this little pocket of houses.I'm waiting on calls back from local atty's I know am familiar and have foreclosed on property before to get an appx ballpark cost on their expense then will attempt to track down who I need to speak with at the lender to make something happen.And as you said - the second exit is wholesale it later, or someone bids above what is owed at the sheriff's auction and wants to hold out on the redemption period themselves.

Last loan to close out that was originated prior to my son being born.But he got his dollar (it was actually a couple grand in closing costs holding constant the rate).

If they say 20 cents on the dollar, that means for every dollar it is worth, you pay 20 cents. 

It will allow you to maximize that dollar. It's

I've been a Project Manager for DXC during that time, working from home and traveling to manage multi-million dollar IT programs for major companies like Under Armour, ETS, ACCO.   

when my then partner ( he bought me out 5 years ago.) was running hte numbers blueberries were 1.50 a lb wholesale   well he got his second harvest last year and got well under one dollar.. its a super high risk business... give me a stand of doug fir any day.. people need lumber to buy houses.. as long as your in Oregon or Washington you can harvest it.. and it just gets bigger ( increased volume every year as it grows) no need to do anything with it..

Also, the days of selling a note to another bank on an individual basis are more urban legend than reality these days and no, it won't be for pennies on the dollar, it will be fair market value minus a factored haircut amount based on expected yield/return.Your post was kind of vague to opine on anything substantive.

Live frugally and save every dollar. It

Typically, when BRRRRing you'll use more durable materials (like laminate flooring, formica counter tops, etc) because the intention is to rent it out versus when flipping you might put in higher level of materials (hardwood flooring, granite or quartz counter tops, etc) because you are trying to get top dollar.  It