So bouncing around numbers in my head, I thought that I need to get at least 200% of the mortgage payment in gross rents, ie.

I've been bouncing this idea around -- trying to keep the math simple and letting my pops easily see how much he will make without much calculation:A loan of 40K (100% of purchase price)Minimum monthly payment of $400.The loan can be paid off anytime.If the loan is paid off in the first year, he makes a flat 7% on the loan ($2,800, for a total of $42,800).If the loan is paid off in the second year, he makes 7% for each of the two years ($2,800 + $2,996, for a total of $45,976.And onward... until the loan is paid back in full (including the yearly interest amounts).It is likely I will pay the loan off in 1-2 years, and I want to make sure pops receives enough ROI to want to do this again. 

Or, you can gather up a bunch of local BP folks to have an informal meetup.Or, you can grab coffee with another local investor and bounce strategies / ideas / wants / needs off of each other.  

Started listening to the BP Podcasts a few weeks ago to get some positive REI thoughts bouncing around in my head.

I'm looking to bounce the numbers off the members on a deal I am close to having under contract in the northwest suburbs of Chicago.

In other situations, a real estate investor may have bad credit so they use hard money loans to buy a property and will later refinance once credit scores bounce back.

You don't have to go all the way to Lakeland to find property values that haven't bounced much.  

Will, I'm headed back too, but I'm bouncing straight overseas after requal.

Having someone like you to bounce ideas off of would be a great help to me.

And even in an Earth quake it will bounce back.