A tough thing we've found though (like you mentioned) is even the highly rated foundation folks in our area -- as well as a lot of the content online -- all have a strong incentive to sell big high-margin solutions.

I appreciate the willingness of the group to share knowledge and am learning a lot via the postings and videos. 

It is so high that it has become very difficult to find any property where it will have cash flow.Have you gotten insurance quotes?

I am pulling in between $500 to $1,000 from mine each month even at a high interest rate with about 25% down for each. 

By the time I got to that point the cost and time involvement was so high I decided it was a distraction to what was already working.  

Quote from @Jarrod Ochsenbein: Hit a new high and month is still going. :)  How do you run the numbers on a PadSplit property?

I have an underwriting sheet / video I provide as a resource to folks that goes through assumptions in the ATL - if you shoot me a DM I can get it over to you.

Highly unlikely you could buy the 1st heloc note since it likely from a large bank....that won’t happen, but you could pursue it if it is a small local lender.  

Do you learn how to locate a note or grade a note?

Any words of wisdom from fellow investors would be highly appreciated.