The problem is that you don't know what you don't know until you learn something sophisticated and then you realize that the stuff you learned before just wasn't good enough to achieve MASSIVE returns.I think the best kept secret is these more sophisticated calculations such as IRR.The problem is even if I let the secret out of the bag, there will probably be 90% of Investors that will say it's too difficult to understand.

@William RadfordFew borrowers know that they can refinance the very next day, usually a balance sheet lender will do this. 

10% of total renovation budget is a normal contingency balance. 

- bought house in May 2016 for $212,900- Mortgage balance is around $182,000 at 3.5%- I’ve put around $15,000 into it- 2017 tax assessment: $225,000; 2018 $250,000- would list for $269,000.

She had one "unpaid balance recorded as a loss" in 2014.

I personally do not like to be tied into very high required balances.  

Last week (3 months later) he told me that I owed him $1200 which was the $400 balances from the $1000 each month.

Also the most difficult for hobby landlords to grasp and master.

Will a mortgage be difficult to get on this property?

The market in Bend right now is difficult to Cashflow.