This would be the plan to distribute the payments:Distributable proceeds from operating cash flow and capital events are to be distributed in order as follows: 1 - Senior debt service payments2 - Then, to all deal-level investors pro-rata and pari-passu until such investors have earned a 9.0% annual preferred return (compounded to the extent unpaid)3 - Then, to deal-level investors until their initial capital balance has been reduced to zero;4 - Then, 25.0% to the Sponsor and 75.0% to deal-level investors until such investors have earned a 19.0% annual internal rate of return (IRR) (compounded annually)5 - Then, 50.0% to Sponsor and 50.0% to deal-level investors

SFH #4, near John Marshall school of engg 140th st , 3/2 .SFH #5 near 117th south of Lorain, 3/2, have some concerns with bowing of walls.I have been looking for rent ready homes below 60k and its been hard to find in the more desirable areas

Worst thing you could do is continue with your contract and compound an already bad problem.

Like any compounded growth model, the first move has the strongest impact on the "domino effect".

you can skim with leveling compound.

But here is the kicker, anytime you make more on the $90,000 it compounds, while the $100,000 mortgage expense less taxes only increases slightly since you are paying less interest yearly thus less tax benefits.

Personally, I believe that it is better to start investing sooner rather than later to get your feet wet and kickstart the power of compounding.

Here's from another thread where I showed how initial cash flow properties returned massive profit,Appreciation and rent growth have not been linear but in every decade at one point the figures match up in that the property has doubled in value and rents are up 6%+ compounded annually.

Definitely will take a bit longer to get the ball rolling...but once it starts...it can compound very quickly. 

These distressed sellers are quite often problem people with issues that compound their own problems.