This math implies that the property is being purchased at a 14% discount to current market value. 

Utah is one of the most expensive states in the country.Not only that, but there's a robust wholesale community here which makes finding distressed and discounted deals hyper competitive. 

That’s a bold claim to make ON the forum run by his publisher.

if the note is currently in default and we can buy at at least a small discount, we may be able to restructure the note with no monthly payments - we would get paid all interest at closing when the property sells.  

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

Negotiate and Discount the property. 

If you had the time to read the 1,000+ posts I have published, you'd see that I rarely express any opinion (unless asked) and that what I mention is more often than not based on facts and figures.

As I addressed in another discussion, most money in real estate is made by long term appreciation and by improving, repositioning, and stabilizing the property, NOT thru purchasing at a discounted price.  

I had a QBO intro discount for 12 months then it went away :( Do you mind me asking what are the reports you need?

I appreciate your ready-fire-aim approach, @Brendan Duggan, but you’re likely creating loans that might only be saleable at a discount.