8 Numbers For Evaluating A Real Estate Investment  1- Your mortgage payment2- Down Payment requirement 3- Rental income to qualify4- Price to income ratio5- Price to rent ratio6- Gross rental yield7- Capitalization rate8- Cash Flow.The bottom line, Once you have made all of these calculations, you can make an informed decision about whether a particular property will be a valuable investment or a lemon.Please, feel free to reach out to me for free advise.

That may not be the best decision for you as the owner though and you may be able to make a much cheaper repair that will still get you years (or even decades) worth of service out of the pipes.  

It's a great shame to the reputation of BiggerPockets someone like Joe, with a glaring lack of financial and investment acumen, can present himself as a knowledgeable person, post over 10,000 times, and influence others' decisions.

Looking for RE savvy CPAs who can offer good guidance around RE investing decisions from a tax perspective and optimizing deductions while preparing tax returns.

As long as you both agree with whatever you do and are on the same page regarding expectations then it isn't morally "wrong" ... it may or may not be a good business decision especially when evaluated in the light of all your other possible options.

As a professional realtor in the State for the last 30 years, and a proud NH resident there are things you should know about economics and demographics in our State before making decisions.

3) Have him sign promissory note, deed of trust, loan agreement and a guaranty agreement.Since I'm making my decision based on just collateral, should I ask him to provide tax returns?

This is impacting the buyers decision to purchase.

"Not sure if this is accurate for most lakes or holds any real value when calculating decisions.

How do you go about contacting a trust that owns vacant land, The owner passed away 6 years ago and when you look up the vacant lands address on the county the decised property owners address is still on there from 6 years ago?