The husband can also substitute the wife with his family members or friends that he trust if lenders would not lend to the wife because seller and buyer are spouses.

What matters in investing is IRR (or ROI as a simple substitute). 

- Fast settlement, no commission, as is sale, interest on their loan, monthly payments, a balloon payment sometime in the future when they may really need some cash and the real estate monkey is off their back.Some things to consider in your mortgage an negotiations; You want the mortgage to be fully assumable with release of liability, build in a percentage discount if paid off early, have a first right of refusal in the event they try to sell the mortgage at  a discount (you want that savings) a stutter clause, this gives you the right to miss one payment without penalty and a substitution of collateral clause (this gives you the right to move the mortgage to another property in the event you sell the building, with this you keep all the proceeds without having to satisfy the mortgage pay-off upon sale. 

I went from being a successful business owner to a substitute teacher who does construction jobs for the banks on the side.

How much new construction is planned for the area over the next few years,Potential for continued annual rent growth of 4% to 3% over the med to long term current local market conditions and prospects,Condo conversion potential given this property consists of only 2 and 3 bedroom units, ranging from 900SF to 1600SF.How much substitution threat there is (would potential renters rather buy a condo/townhouse) given rents range from $1,400/mth to $1,900/month plus RUBS and other extras?

I have looked at many so-called "deals" that, after substituting my own numbers in place of the seller's numbers, I have either thrown in the garbage can or offered significantly lower than the asking price.

Attend Frank & Dave's bootcamp.Also, although no substitute for a weekend-long Bootcamp, take a listen to my podcast here on BP: http://www.biggerpockets.com/renewsblog/2015/02/26...But a few thoughts:* Odd that the park is 10 acres but only has 23 pads.  

There's really no substitute for actually looking at a lot of houses and following the market in an area to learn values.  

substitute .5% for your purpose.

And I don't think renter's insurance is an adequate substitute for Hazard Insurance.