He has scholarships and federal unsubsidized loans that cover full tuition, fees and some room and board...but not all.Prob going to need around $20k for college.I have secured a $30k loan using the property for collateral to cover the college expenses.What would you do with the $30k?

Understand all of the profit centers for PM's like leasing fees for example, that would be paid on top of the management fee.Most importantly, check local laws, some areas require real estate license, minimum years of experience and property management licensing.  

I’m trying to start BRRRRing properties and have found a lender I can cash out refi after 30 days, but it’s at 7%.I’m purchasing and rehabbing all cash, so this is decent, but a better rate is available with much less fees at a bank.I can rate and term at a bank right away, but I can’t get my rehab money back out.If i am purchasing a property for 35k and it needs 25k in rehab, could I write up the deal as a 60k purchase with 25k coming back to me at closing.

so i was told a finder fee of 1% of the purchase price is reasonable. what contract would i use to secure this ?

I totally Agree with you sentiment on the big banks.. non personal  out to fee you to death etc.I pay zero fees on anything I do save wires..

Once you have a clear estimation of expenses associated with losing the current tenant, repairing/improving for a new tenant, leasing fee, vacancy/loss of rent, decide if you’re financially ready to initiate the action which will cause your current paying tenant to move?

My thoughts are if they sell with a realtor they walk away with about $950K after 5% commission fee. 

Follow up: So I paid the $700 appraisal fee, and it took about an additional month overall, but the actual appraisal came it at $370k.

My question is in Pa you need an attorney to close deals (unless I'm wrong and you can use a title company) but if I'm assigning my contract (lease option or wholesale) to a cash buyer what's the process of closing so that I get my fee?

@Csilla Veress A couple of books that may help with understanding PV (present value) calculations, as well as note investing in general, are:Invest in Debt by Jimmy NapierPaper Profits by @Joshua Andrews  (my personal favorite)This blog post by @Mike Hartzog may also be helpful:https://www.biggerpockets.com/blogs/5359/41924-doi...PV is the way most note investors do pricing for performing notes, but for non-performing, you'll want to build an ROI calculator as  @Chris Seveney suggested so you can look at various exit scenarios and take into account costs like servicing, legal fees, insurance, etc.