Pays only 8.5% but is the most conservative note fund we have ever come across as they only do performing notes that are in first lien position and only on homes that have a mortgage under $600 and people have at least 50% equity in their homes already.

The building is likely an old (100 yrs. or more) uninsulated or under-insulated wood frame building, possibly with the original single pane windows.

The loan is with you, not with your tenant, so none of that means anything to them - in fact because you live in one unit and it's under 4, if you were self-managing you don't even have to abide by fair housing laws (at least on the federal level). 

With the massive Taiwanese semiconductor plant under construction in Phoenix, bringing billions in investment and thousands of jobs, how significant do you think the ripple effect will be on the local real estate market?

The investment itself seems to have been under-performing since the very first quarterly report.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I have my real estate license and am also an occupational therapist by trade- but truly I don't want to be in healthcare OR to help others to buy/sell- just want to get more properties under my own belt!

I can’t help but imagine it would be that guy’s last day if the appraisal came in $1 under the sales price. 

Some interested buyers did go under contract but things fell through in the deals.

This time you supposedly have the opportunity to invest in multii-family under development.