Or am I missing something?

Am I just dreaming?

Am I going to teach newbies, I don't think I could without a two week bootcamp and they'd need to walk in with note experience, a note for a note, probably should not have mentioned it, some guru will get ideas.....Not having your money means using OPM, when you do that and you place yourself in as a straw man, you're brokering, so you'd need a different agreement to just finds notes, you can't hold yourself out as a broker to a seller either.

Am I wrong America?

Am I going to die here?

I am not a realtor nor am I associated with any real estate agency.

The question is what am I scared of?

Thanks for your feedback and advice.Regarding the promissory note, am I right to assume that would probably serve as a trade-off for the bank not coming after me for the rest of the deficiency?

Everyone's analytics are welcomed...Purchase=23KDown Payment=12KRehab=43KTotal Investment=67KLoan=55KMonthly Payment=744/month (mortgage, insurance, water, taxes)Monthly Rents= 1400/month (GOI)NOI=656/monthSlush fund= 50%, 328/monthCash flow=328/month (164/unit a month)Does this seem right or am I missing something?

Am I missing anything by going this way?