Generally, the spread to account for the higher risk has historically been around 170 basis points (or 1.7%); however, in the last few years, this has ballooned to around 300 basis points (or 3%) amidst lots of volatility.Without delving too much deeper into the math and financial fixed-income calculations, mortgage bonds generally have yields or returns based on the main alternative for note investors, which are U.S.

Please let me know if my math and my plan are missing out some important laws/rules that I haven't heard of.

If you are going to pick and hire an asset protection lawyer, do your homework and ask questions.

Using sites like Zillow, Redfin, and Realtor.com, figuring out deals, and doing your homework well are key steps.

Others don't have the personality for it and should hire a property manager.Do the math.

Keep those things in mind as you do your math! 

I’m a math professor at a local college and teach personal finance and statistics.  

This is why folks are okay with paying so much in interest, they are making more.My math is unconservative (you make less due to loan origination fees and principal pay down) but is demonstrative.

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEI will provide details below, but here's the short version for those who hate to read or do math.

Do the math.