Although I run a fund that does a lot of non-performing loans and flips in the Midwest and Southeastern US, my wife is in a partnership with someone else that will probably do more than 50 flips in the Tampa Bay area this year.

I am hoping some note investors might be able to share some insight as to how they might value a performing note and what they would offer to acquire it.Stats: $650,000 - Property Value$458,000 - Property Purchase Price$418,235 - Original Loan Balance$391,941 - Unpaid Loan Balance376 months - Term remaining (420 months starting term - note has never been delinquent or in default)4.042% - Interest Rate$1,862.88 - monthly paymentAny advice on how to look at the deal would be great as I am primarily a multifamily investor and not as familiar regarding the nuances of note investing. 

What do you use to perform a market analysis?

I'm game...A snip-it from a post I did on this thread about investing in Wisconsin: Milwaukee is sitting on some of the most affordable housing in the country, is adjacent to one of the largest freshwater lakes in the world, has entertainment & food that rivals every major metro, it's sports teams bat way above average for a small market which attracts hundreds of thousands if not millions of people here annually, economic development has been happening at a level unprecedented since the '50s (we are breaking ground on the world's largest mass timber building in June), has a tech ecosystem on the ground floor of attracting major talents with partners from the fortune 500 companies in town... 

You may need an Architect to perform a feasibility study if the codes are complicated.

Its continued growth is inevitable and will likely out perform most residential real estate REIT's. 

Plus, business bank accounts can be used to verify the legitimacy of your business when it comes time to apply for a business credit card or a business loan.Helps with your asset's performance -- Keeping separate finances gives you a clearer picture of how your business is performing.

Background/credit check, call their last two landlords, call their employer (to verify income and to ask about performance), and make your standards very clear.

Project management is another discusion but  it is a large indirect factor into why low income properties perform poorly. 

A license is required if there is a way for the buyer to vacate an option-to-purchase contract, and the individual begins performing real estate functions such as marketing the subject property, bringing in a buyer, etc.