Experts in wholesaling say a 2% return of phone calls per mailing campaign is a good turnout. 

On say a purchase in the Marietta market,  you could get to 75%, and potentially maybe 80 LTV,  non-recourse (no personal tax returns), 30 year am, flexible terms, rates in the high 4s, step-down PPP.  

I agree with you in that I need to look at the numbers of a refi before being able to accurately asses which method works best.I guess to use the 2% rule on say a $500,000 property to determine rents would be based on the number of units.  

I would also suggest you consider homes a little nicer then low $60's as even though they have higher returns on paper and are great starter homes, they typically don't perform like say a $80-$90k home will. 

I'll have more to say as time passes and I learn a bit more.Thank you,Kevin

Hi guys what's everybody's opinion on buying properties say a couple hundred miles away from my main residency?

I would say a house is a house, a salesman is a salesman and a contract is a contract.

So lets say a 30 year performing note that originated 5 years ago will have i deeper discount than a 1 year old note with a 5 year balloon.EDIT: collateral value, note performance, borrowers credit history, location, interest, down payment, and quality of origination paperwork will drive the price of a note.Higher value collateral, good credit, bigger down payment, up and coming location, and simpler paperwork will raise note value, 

Great story and way to be patient, yeah I would say a meth lab would be a tiny bump :)

Really hard to say as there are other factors as I mentioned.John Corey