I can see how the tenant would want to get paid as soon as they got their last item out of the house.

All of the items you mentioned would be deductible.

Based on the numbers there are 3 main things to look at as others have mentioned.1) Get a lower price.2) Get a lower Rate.3) Get a longer term.I personally would focus on the items in that order.

Aaron, there is not enough info to post a great response, but here are my initial thoughts.Always fix critical items first and cosmetic items last...anything that can cause additional damage and expenses needs to be adressed first.

When I finished my closingThere is an attached rider ( 1-4 Family Rider, assignment of rents) to the deed stating that Covenant Item 6 of the Security Deed is deleted.The rider says, unless lender and borrower otherwise agree in writing, Section 6 concerning Borrower

Bill, your post above is good, helping to explain some of the items in Dion's post.Your post just above this one, I was not looking for how to calculate my return, I know how to do that, but thanks. rather, I was looking for confirmation that in the example, such a large return in a short period of time, resulting in a high ROI would be well worth doing, speaking from the small note investor side of the coin.

They have a nice "virtual office" with all the forms and items you need, and a conference room if you need to meet with clients or close transactions there.

Generally my takeaway from this discussion was even if you have an agreement in writing and reviewed by a lawyer, taking a step back and asking yourself "is this a fair deal to the borrower" and "how would a judge look at this" is just as important as any other due diligence item.

I've seen people suggest you can have a Solo(k) by doing something as simple as setting up an LLC for selling items on CraigsList or Amazon.

If the contract says you are responsible for stolen items, then shame on you.