Their analysts are usually MBAs in finance who graduated at top of their class and have been trained to use and understand the most sophisticated financial modeling theories and techniques.The winning bidder pays for and gets ownership of these 1,000 NPNs.

Real life example: $18,435 debt service (includes mortgage, taxes, ins) and $32,355 net operating income would leave a DCR of 1.75 Cap Rate is Net Operating Income divided by Purchase PriceCap Rate can be great for looking at larger multifamily buildings with sophisticated buyers/brokers.

-More sophisticated the investors the less documentation and compliance we need.

My perception of Aurora is not that.

Section 8 Bloghttps://www.biggerpockets.com/blogs/9232/55313-intro-to-section-8---your-perceptions-vs-my-realities

Section 8 Bloghttps://www.biggerpockets.com/blogs/9232/55313-intro-to-section-8---your-perceptions-vs-my-realities

I wrote a blog about the benefits if you want to take a look.https://www.biggerpockets.com/blogs/9232/55313-intro-to-section-8---your-perceptions-vs-my-realities

Realize the rents on containers might be less than rents on a traditional storage facility because of the perception of the public (it looks like crap to see a bunch of containers side by side, versus an actual storage facility). 

(C) It requires a seller sophisticated enough to understand what owner financing means and to appreciate the value of the income stream that will accompany the promissory note.How many sellers of residential real estate do not need the proceeds from the sale to (a) pay off the existing mortgage, or (b) use toward their next house, and (c) are sophisticated enough to become a lender? 

I had talked to these guys in 2010 or so.. and they were more sophisticated than a broken English BP scammer..