Interest is accruing on the unpaid principal balance at the rate of $22.5728 per day after January 29, 2015 until the date of entry of this judgement, plus interest on the judgement amount (principal plus the shared appreciated recapture plus interest to the date of entry of this Judgement) at the rate of .33% computed daily and compounded annually, until paid in full and for the costs of this action, pursuant to Judgement and Order of Sale, being Civil action #..... entered on August 4, 2015.Minimum acceptable bid is $35,510.00.Terms of sale:  ...This sale shall be in bar and foreclosure of all right, title, interest, estate claim, demand or equity of redemption of the defendant(s) and of all persons claiming by, through, under or against them, provided the purchase price is equal to two-thirds of the appraised value.  

Interest compounds daily.  

I had a couple minor bowing of old brick foundations and some minor water intrusion also.  

Sure, you will slow down the process of compound returns, but cash flow is only one of the benefits of real estate.

This difference amounts to $1,833. per month for 19.5 years.Over time, not compounding the intake of capitol or the principle difference that I waspaid at closing; just this margin difference is in excess of $428,000.00.

I have 2 houses I bought with finished basements ,  the only way to find out if there were cracks or bows in the walls would have been to rip out the drywall .  

One of the great things about owning rental property over other types of businesses is that you don't have to bow down at the feet of every potential customer that walks through the door. 

But (there is always a but) the obstacles just compounded on you.Mortgage loan - probably out of the question, due to the credit score and what I'm assuming would be lack of down payment.  

To compound that, most banks are paying the full price at the foreclosure auction, which shortens any redemption period down to 3 months.

Thanks for sharing.Even from the exterior, one can tell the roof bows in slightly.