Does seem fairly reasonable 🤔 went high on the Reno estimate and maintenance costs ect and low on the rental amounts.. so hopefully it will work out better.. 

Also, even though rents are high in Memphis it is very difficult to get the rents to work out to 2%.

I'm using my workout time to educate myself daily and feel overwhelmed, but excited to get going.

How would that work out on taxes if I’m the one that owns it, but they’re the ones they get the benefit from it?

He has cultivated relationships with hedge funds to purchase notes, with property preservation companies to assist in the care of the collateral and servicing companies to service the notes and facilitate the work outs.

Yes, EVERYTHING would have been better if they had communicated and scheduled thing better, but if you focus on what YOU can do at each step things will work out better.

Likewise, I’d need to work out how prospects would tour properties safely, legally, and at minimal expense.

I know you mention $400,000+ multi-family properties - but the numbers below will work out the same regardless of price point - I just chose simpler numbers to make the calculations easier to follow:Example:  $100,000 house - $1,000/month rent, $100 taxes/month, $100 Insurance/month - 7% on Financing Cash Versus Financed:Cash:$100,000 invested

If everything goes right, this would work out well in the long run for you due to rising rents and property values. 

Use this experience to work out the kinks and build a strong boots on the ground team.