We wanted to test out the Padsplit model and have it in our portfolio.

Personally, we saw some great deals, but there were others with different modeling that we have that had us winning very, very few bids.

Hi There - We have had several clients make the numbers work here in Chicago typically with either FHA 203k and home style renovation loans.I continue to remind everyone that a single or walk right now will be a double, triple, or even a home run down the road. 

Quote from @Alan Hale: Is my modeling wrong?

I haven't heard any who recommend a primary business model of buying notes with the chief intent of foreclosing versus getting the owner re-performing considering the cost and time required for foreclosure proceedings as well as all the unknowns that come  along with it.

The last thing we want to do is make the house not pop from the street when we spent a lot of money on the inside, it's really the cherry on top.We use comps to decide how much to spend on the landscaping and how to style the landscape.

The roofer gave me a invoice with high level bill of material, and a statement that it has 2 years of warranty and brand name of the shingles.It does not say brand name warranty or model or batch number etc. 

If MTR fails I can always pivot to a LTR model around April when people are looking for new homes to rent anyway.

We have the 65" Roku model of this TV.

This is our first REI property and it is out of state for us - thus the "build to rent" model works for us.