I had no idea...I've just measured the distance between the stove and where the return inlet used to be - 12 feet. 

I've just never had to consider this.  

Subtract the $20K investment of purchasing the NPN + $2K in attorney fees for servicing/documents on the high end and I've just netted $49,300/$22,000 = 224% ROI.I can take the $71K and buy 3 new assets now and then those three turn into 9 assets, etc....This is why I love the NPN business and not just traditional owner financing/lending.  

Hello, BP'ers,I recently found the podcast which led me to the website, and here I am!

Hello everyone I've actually been a member here on BP for a couple of months now, I've just never posted on the forum.

Any insight or help would be greatly appreciated, I have a family of 5 relying on me, and I've just been spinning my wheels all year trying to figure out where/what I need to change.  

No assumptions being made about your character, you'll just find (on BP and elsewhere) that wholesaling can have a negative reputation, but that's due to not doing the 2 things I've just mentioned. 

I recently found an old run down part of town that is starting to be bought up and there are several lots for sale around 50k, one receltly sold for 38k and there are some comps for 200+ with near 2000 sq ft houses.

I recently found the BiggerPockets Rehab calculator and that has been helpful in assisting me to figure in other costs when putting together a deal.

I am looking to do an FHA and live in one of the units but was curious to see what kind of obstacles I could face with the commercial unit at ground level.Hey guys, I've just started the process of trying to convert a single family into a triplex in South Philly using a 203k.