It’s incredibly basic.Let’s say you have one NPN note and the exit strategy is a loan modification.Current monthly payment: $1000I discount that payment by 20% so I look for $800 monthly to come inI then consider purchase price for note: 20k (for ex)Workout expense: 3.5k (for ex)TOTAL all in expense 23.5k$800 x 12 months gives $9,600 of income9.6k/23.5k gives a 40% cash on cash return

What is the best city in the US to buy rentals in? I

The buy in is high but the upside is still high.

My intent is to live there for two years, in the meantime find another property to either rehab or buy, then in two years just rent the one I’m living in. Is

The side we would be living in is a 2 bed 1 bath with a finished basement and could rent for 950-975.

The areas in Phoenix that I mostly work in is all about HIGH DESIGN...$120/sf...$200k for repairs alone, but profits can be as high as $100k!

All, First off, thanks to all that have written in. I

At 19 the best thing you can invest in is yourself.

@Brian Adzadi, you said that the market in Fort Wayne, IN is cool and it most certainly is not. 

Glad to see you jumping in. I