The original six month tenant I had extended the lease 9 times and stayed a total of 5 years, paying me about $15k over market rent annually.  

The dollars you receive above the fixed monthly costs are 100% for that property.  

You’ve received some insightful replies already.

This may be “inflated” (pardon the pun) and the effort has received criticism BUT if they can achieve even a fraction of the $2 trillion they intend to cut it will be enough of a signal.

@Logan Lambert well my section 8 tenants that are currently in there are living pretty thugged out and I’m sure that when I need to recover the unit that it’s going to be significantly damaged due to the fact that I had an inspection done three months ago and wasn’t happy with the pictures I received.

If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!

Furthermore, whole note investments benefit from an additional 0.5% annualized yield and are entitled to a share of any extension fees charged to the borrower."  

That is a gross rent of $5,500 annually assuming one month of vacancy for turnover.

But my experience over the last 10 years of building new homes is that NOTHING comes down might stay the same but will rise almost annually Like Cement always goes up in Jan. 

I've bought a few residential deals from wholesalers over the years but generally I agree... 99% of what I receive from them is absolutely garbage.