The people with single rooms even paid a bit more.

I'm in the Wavemark income fund and am getting paid my distributions

So same thing I paid my monthly payment to my bank and kept the rest.

I would try to portion that off as a separate loan that can be paid back quickly - you'd need to discuss your plan with the PML.

So, they can markup what they paid out and keep the difference.Most PMC industry software has these two options built in.So, it's just a matter of understanding how your PMC is marking up maintenance and not expecting it to be for free.Regarding the specific charges you mentioned - there has to be some level of trust with your PMC. 

About a week ago, the borrower came through, paid all past due payments, paid all the costs associated with the foreclosure, and the note is now current.I learned this strategy from one of my clients.

It was probably the most expensive Q&A we have ever paid for.

We already paid them a pretty sizeable entry fee ($30k) to cover some of their equity and debt in another project.

That's not exactly an up and coming area -- I'd research who built them - can likely find that by going to the SG County Recorded Docs site or by seeing who pulled the permits during const -- Wichita has been on a duplex building boom -- look at the tax value -- They probably have that or less in it on the build - I also doubt they were built to be quality long term -- things such as the trim/cabinets etc -- they all look like the cheapest stuff a guy could buy - if the cabinets aren't oak and there is MDF or pine trim and pre-hung doors with engineered wood jams I'd run.  2-3 yrs ago for $180k -205 or so you could buy duplexes in Maize, Kechi, Valley center all day to builders that were selling them off to investors - not worth that in that area.

some hype but also a lot of good information.also remember: seller finance of a paid off asset, lower risk.