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.

When I read her the line item in the lease that specifically prohibited that, she said I was wrong.

So if I had an objection to an item listed that is when I would plan on bringing it up.

Insurance alone does not provide protection, and is limited to those items covered by the policy and policy limits.In response to Walt's comments, I fully agree. 

Do not subtract any lender related/required costs (if any) and any operating items such as prorated property taxes, prorated rents, HOA fees, etc. 

I'm not a tax lawyer, but if you do education on your way to anything, It is deductible if you itemize.