We've done a lot of beginner homework and of course are at that point of analysis paralysis.My issue is that I feel we need to learn a lot while the other guys are in 'let's just pick one and do it' mode, while doing almost no homework.  

Her "cash flow" number doesn't include her assumptions listed (property taxes and insurance) and doesn't include an assumption for vacancy or property management (even though she uses her 6'3" boyfriend as her property manager).When I plug her assumptions into the financial model I created, I calculate her cap rate at 3.6% which doesn't seem great in my opinion.  

If you're still in learning mode, your attitude about taking anything is a good one.

Not as many as Dave & PPR.Debt forgiveness is only a factor if I report a loss on the note & send the borrower a 1099, which there shouldn't be a loss if I am this doing it right.Percentage of collection is really not as critical a measurement in the model I use vs.

The model is reflective of 6 years rolling.

Currently in mobile mode, if you can DM me, it would be great.

My model is so good that I'm going to talk about it at a local REIA subgroup (SJREIA) to which I have belonged for 12 years.

To find deals, I have used pretty much every mode possible with the exception of direct mail simply because I have a day job and direct mail is too time consuming.

When run properly it can be a very effective cash flow model.  I

The business model is completely legal.