"The profit is not a return on your investment (loan) as it is earnings from labor and construction fees."6% is the interest received on the loan, however you are missing the $125k recieved for a $90k investment.In an IRR calc it is all cash movements... 90k out, 1k in per week (return of capital invested + interest + additional capital from buyer).

Money Mustache and much of  the thinking behind the FIRE movement. 

More about me - I started a year ago in REI and I read a lot of books and papers on remote RE investing, demographics movement across US, asset protection + listened to every single podcasts + analyzed 100s of properties and then created a system or framework for investing after many iterations.

If it’s been more than a week or two with no movement, definitely ask.

Glad to see that you've already made some movement.

My understanding is that if its plaster back there that the cracks like this could mean some serious movement has taken place since its more rigid than drywall and more brittle.If its drywall, are these less of a concern?

Hey John - Movement Mortgage does 203k loans in Baltimore.

There are other lenders, but it depends on how fast you want to move, how comfortable you are with a bank vs. a non-bank lender (like a Movement Mortgage or Loan Depot etc...).  

If you saw a capital expenditure once ever 2, 5, 10, etc. years, it would be much more difficult to project average cash flow movement.

Because in most markets where people expect great appreciation (or depreciation) in real estate values, there is inherent volatility in that market for the precisely the same reasons as anticipated price movements.