My other SFR notes have interest rates determined by the borrower's cash, credit score and income - so market rates or higher.I understand the difference in performing vs non-performing notes and that performing can become non-performing pretty easily. 

For instance, I understand Phoenix and Las Vegas are becoming more popular for co-living rentals.

We segregated them from any degree of competition, failure or necessity to conform to any standard.

These are just example numbers that are very assumptive, but I understand the basis of the question. 

Shenell, It's great to hear someone may actually understand what we're trying to accomplish.

Let's re-frame this to help better understand. 

I am hoping to learn more about how investors analyze their deals and make decisions, as well as looking to better understand general real estate investing.

You won't even try to understand it.   

This will help you understand your options and decide if it's the right time to hire a pro. 

In 1997, I don't fully understand why, the City of Denver paid the golf course owners $2mil to rezone this parcel as a "conservation easement" this was extremely restrictive zoning and meant it would essentially be destined to be a golf course for eternity 3.