I know that to buy beyond 4 properties - traditional big bank financing doesn't work easily and often regional/credit/small banks give out loans once you can show them your positive cash flow & appreciation portfolio.Appreciate all insights from amazing folks on this forum, happy RE investing :-)

It is better perhaps to use BPs calc to compare two or more like properties in the same locations. 

However, given his credit and recent delayed payment history, a traditional refinance is out of the question.

One of the homework assignments was to call your credit companies to extend your credit limit, since your credit rating is based on used credit compared to available credit. 

My story of finding dirty birthday balloons and a joint in the crack of the couch doesn't really compare to that for this year...thankfully I guess. ;)Cheers to you and best of luck! 

I have heard that a good rule of thumb for a quick land sales flip is to price it for sale at half the rate of comparable land, while making double your money.So, with that being said, I would research demand and land prices for comps on a popular land website like landwatch.com. 

E.g. compare it to S&P 500 returns?

I want to compare this to the strategy I will be using.

The article compared a scenario in which an investor would own a few properties outright to generate the same income that someone who has many cash flowing properties financed would earn.

@Aaron Klattits not taking advantage of someone if you're upfront and honest about everything. if you're putting in the time and effort and money into a fixer upper for 6 months you deserve to get paid as well as much of that 70% is for closing and holding costs.If someone is behind on payments you deserve to get paid for bringing them up to payment on time.Obviously you should be telling them that they are able to make more money on the traditional real estate market, but if they dont have time to wait 30-60 days then this is where they need an investor