And if that happens 4+ years down the road we will still come out ahead even if we take a bit of a loss on the resale due to the accrued cash flow. 

You do not have rights to the home equity that may have accrued, the borrower gets that.  

This is more just a curiosity for me, and I am hoping a learning experience for everyone. 

That answers my curiosity.

Option A:COC= $5,000/$100,000 = 5%ROI= ($5,000 + $15,000 accrued equity)/$100,000 =  20%Option B:COC= $5,000/$20,000 = 25%ROI= ($5,000 + $15,000 accrued equity)/$20,000= 100% Since the debt portion of $80,000 is being accounted for in-year through the OCF calculation, would we not be double counting it if we include it in the Investment Basis as well? 

Out of curiosity, did you vet your tenant prior to her moving in—credit check, references, etc???

What net to gross multiplier do you other investors use out of curiosity?

Discovered I had a curiosity for how housing worked, behind the scenes... after working on construction2.

@Zeke Liston Out of curiosity, how are property taxes in Columbus?

Out of curiosity what rent did he have before and what is he at now?