(of course this can be remedied with title insurance which is part of your vetted team)2) Don't understand the Time Value of Money and how discount, terms, face rate of the note, an time all play into calculating a true yield, ROI or Internal Rate of Return. 3) Don't want to put effort into researching and fact checking before presenting a deal for consideration.

It builds a healthy respect for the job as well as makes you realize when you are being played by a not so honest contractor. 

Having to put down 20% knocks a large portion of Boston buyers out of the game.

Play around with the numbers until you find a starting price to go off of.Hope this helps!

So why play games?

I have no idea how it'll play out in your scenario or what the discrepancy was, however.

It would be a long term play for me...building in a highly desirable and rapidly growing area.

Just putting together rough numbers at this point in the game...  

It’s a long term game.

They were game changing for me when I was starting out.