Financial Goal : Pay originator off within 6-12 months and receive $300 month passive income for 60 months Initial contact - 1980 double wide 3/2 with central ac and attached laundry asking $5500 in family park free and clear (i will do follow up with).  

Thanks,Ron.The IRR is simply the discount rate at which the net present value of all future cash flows from an investment = 0; or the discount rate at which the net present value of all future cash flow equals the initial investment or breaks even.Typically if you happen to have alternate investment projects the IRR could be used to compare which project to undertake.Correction though...the IRR is not always single.

It is calculated in a similar way to plain CoC:CoC w/ Equity = (Net cash-flow + Equity increase) / Initial investmentWhere Equity increase is the only new term which is: (i) the increase in property value (est.)

Here's the initial deal:6 rental properties - market value $300k, purchase price $210k.

I initially had it for the benefit of commissions and being able to list homes, but I'm finding it may not be as beneficial as I had thought being that the company is focusing all of its time on rehabs and wholesaling when at capacity.What do you find the pros and cons of each to be relative to disclosures, marketing, bringing on new team members and how it effects your business?

when we refied the properties, they initiated a loan of ~500k over 20 yr. then they gave me a ~170k LOC with nothing out of pocket.

In the past, if you were to set a keyword alert, you'd have no idea how frequently it will be used in the forums - you might be setting yourself up for zero notifications, or thousands.For example, as a young padawan, I initially set up a keyword alert for both "Colorado" and "CO".

Leave the fact that you have X$$$ out of the equation either initially or all together.

Some inland areas of Cali have a much easier time getting better initial cash flow numbers.

Other more inland/lessor areas will have a better chance for initial cash flow.