That may help in larger metro areas, but most of us can easily look up whose getting an NOD or NTS very easily on county recorded docs. 

Mitchell is simply stunning and a vacation haven for rentals.An unrenovated cabin anywhere in this area with a great mountain or water views can easily command $250-$300/night and up.  

We are looking at easily getting a 15%+ return on that over the long run.One strategy we are working on is getting a loan against one of the ones we ALREADY own free and clear from a private investor and use that for half of the down payment on the new one, essentially putting us back at that 20% from our IRAs that are not already invested in real estate. 

I did some reading up on returns, providers, prices in various neighborhoods in the country including Indiana, Chicago, Texas (Austin, SA, DFW, Houston), Raleigh, Charlotte, Atlanta, Florida (few cities), SLC, Baltimore, Cleveland.

Make sure they invest themselves or at least are on the same page as you re: returns, ratios etc.Good luck!

I think you nailed it on the head already... differs from lender to lender for sure... my experience has been that it needs to be 12 months of rental income on your tax return so it would depend on what month you start renting it.

After ten years, the seller is paid and all the gain is reported.IRS Form 6252 is the form you complete on your tax return.  

I would say ARV will be somewhere around 90k with the cash flow it is producing.Im looking for a conventional mortgage 15 or 30 year, will pay off in ten easily.

Return on Cost2).

Most of the properties I come across just don't have good returns when I plug in the numbers.