Do the analysis, rent comps etc and present opportunities to people looking to buy.

., @Robert Leonard, I've been asking so many questions on BP so finally thought I'd try to add some info when I came across this post.

For other analysis, see also: http://www.biggerpockets.com/forums/88/topics/110262-thinking-of-an-investment-in-a-hedge-fund

Hard money (HM) lenders are a final option.

Finally, you weigh the potential profit in each scenario with the amount of work/risk involved, and decide what the optimal rehab scenario is.In reality, you should be running dozens of potential scenarios (not just four), but you get the idea...

So really, and ROI or CoC calculation that includes appreciation is just a guess until the transaction is finalized.

Now my personal loan I used to fix up the things it needed, is finally paid off.

I'm told by someone who's done the analysis that it may be less expensive with either options on an ETF of REITs, or futures on the Case-Shiller home index sold on the Chicago Mercantile Exchange.

With all of this being said the facts could support exactly what Bill said above, but there is not enough for me to make a final statement.

I have 6 or 7 years experience in creating, buying and/or selling notes.I guess the biggest piece of adviceFind out as much as you can about the note to do your analysis.