It only takes 2 bidders to drive a price up infinitely.  

Just as in real estate the returns can be infinite, and with notes you can do so many wonderful things that boost returns.

Your phone would have been ringing off the hook if no one's keys worked, and the odds of 20/20 working, then 0/20 2 months later is infinitely small, even if the product were truly a worthless POS.

I had the same idea of vacation rental for a property in Kachina (15 miles closer to town than Munds) and I passed on it due to the almost infinite number of choices available online.

I'm not sure how REITs and securities work, but I know if I buy rentals far enough below market value, and and am able to get all of my cash back out then I am getting an infinite return.

Give people something for free and that is infinitely better than giving them something for cheap.

However, there is something that is INFINITELY WORSE that the occassional heated argument, and that is unbridled optimism and positive feedback.

BTW, if you get involved in any seller financed note or installment contract, your cash purchase changes to complexion of an equity financed obligation to the extent of cash paid as a funded loan that can impact foreclosure and deficiency aspects...but that's another matter.Impressed with your recognizing the importance of pre-origination aspects as well as post closing matters.There is no flow chart that I know of for note due diligence as there are infinite concerns that may need to be addressed and the road can take sharp turns without notice.

Your ROI would be based off the actual cash you leave invested in the deal which in this case is the $10k.If you were able to refinance all of your money back out (or even more) then your return would be infinite at that point.

Accredited investors use infinite banking or whole life insurance with high liquidity low death payout.