I'm still learning and I'm humble enough to know I'm not a Jedi yet. :)Good luck finding your next deal Nick!

In addition, be humbled by the opportunity that you have been rewarded. 

I may consider purchasing materials for you, but I would not turn over $30,000 to a contractor I have no relationship with... just my humble opinion. 

So I've been humbled a bit by that.

That was enough for me to not even do a night time drive through like I always do with any house I'm thinking of buying.That is my humble 2 cents.

In my humble experience, this seems like a very big stretch for any lender.

And now my husband has to eat his humble pie re: RE investing (plus a nice steak dinner on me) ;) Before and after pics below!

My two humble cents...one thing I can say is that the weather is very wet and rainy in Portland.. and basements can be or become a big issue especially in older homes, but even in relatively more recent homes.

@Or Yeger  quality first you will pay differently for in different markets..what your looking for is Yield the Yeilds will be dictate what you pay for the note.Many quality performing notes that are say 7 to 10% will be sold at Par.In my ever it to be humble opinion buying a note that was purchased as a NPN and is no performing is very risky.. the chance that you will be right back into NPN status is pretty great probably 50% chance or better.I like performing notes with good solid borrowers not notes were the borrower has already defaulted as they now know how its done.. plus ower occ notes have all sorts of rules and regs you have to follow .

Overall, I believe this is a prime property that is distressed.I'm humbly asking your expert opinion and analysis to figure out this property.My plan would be to rehab this 3bd/2ba into a 3bd/3ba and rent out each room to college students nearby.