I avoid the warzone as I can generally get better returns [on paper] in St Louis. 

You can still show a paper loss position.

Trust, but verify.Also remember that tenants can show up squeaky clean on paper and still be awful.

It gives you a paper trail and all of your data in one place.

Hi all,I am getting loan from a family Memeber, she want a promise note with a collateral of my property.I told her that’s fine and try to search for such paper.

You will not find institutional paper that is performing and get those types of returns.Another option is owner financed notes which the lender may have originated.

_______________________________________I did the calculation and I pay $48 a year so it would be 48/0.12 that makes $400 and I have a paper here that says $400 to redeemI called the owner of the ground rent but he asked me $1200 ( claiming that mine are not redeemable and cost more but I went on the Baltimore SDAT database and it says my ground rent are redeemable)  -   Any idea on how I should move from here? 

( who cares about the numbers on paper if people don't pay you rent ever. )I stay away from Below C areas. 

@Elijah FastYour lender and possible your insurer will require a Phase 1 assessment .... this is predominately a visual inspection and paper exercise (costing anywhere from $750 - $2500) with the objective of discovering any potential contamination of the property (or demonstrating that there is none).An abandoned underground storage tank (UST) is something which should be disclosed by the vendor (it appears that it has been in this instance), but it is an example of the sorts of things a Phase 1 ESA looks to discover.Depending on the results of the Phase 1, you may very well be requested to continue with a Phase II ESA.Having a Phase 1 lets you know what you are walking into ... which is why lenders want them.  

., if you're in the 30% tax bracket, you cut your earnings by 30% to account for taxes, or if you simply leave as is since you'll likely have most of your income eaten up, on paper, by depreciation and expenses?