With regard to the 73%, you can plug in the numbers and arrive at 73% but my criteria for investment lies much deeper than a percentage point difference in profit.

Might find several properties to move your money in, they may be room to spin others off and pay down the loans.Sometimes you can dive deeper, get out of the rip off current and then surface. :)

I can't wait to dive in and learn more!

That's when I do the deep dive.

I have been a buy and hold investors and I want to learn deeper in real estate.  

Make sure you keep diving into the forum posts and making comments and asking questions.....I've found you learn more when you do that.Hope to meet you at the SLREIA meetings.....I am going to join that in January.

Hopefully these questions help you dig deeper.

A seller who enters into an installment contract or financing arrangement that finances equity based on a sale price may not be a "lender" as the definition and requirements to be met go much deeper than assuming equity and cash are treated the same, as they are not.I'm still looking into this aspect, if any of you investigative guys out there has come across the specification of equity funded installment contracts being considered under the same umbrella as cash advances, please post it up.That mentioned, I'd suggest that every installment contract be treated and underwritten as a non-qualified loan, following the underwriting requirements.Another issue is underwriting your own transaction, we can read in black and white the 8 aspects to be followed.

I am going to dig a little deeper to get more information.I based my assessment on the market cap rates and price per door.

welcome, @Alex ParraI recommend reading up on articles on this site then reading books that delve deeper into the particular real estate strategy you want to focus on.