Also, the repairs and vacancy that inevitably come with operating rentals mean a negative cash flow.Negative cash flow + low chance of appreciation = yikes.

This is a business solely operated and conducted by myself.

Money is the key plain and simple.  

You need to decide if you are operating a charity or a business.

The simple answer is that it is almost impossible to buy notes without running out of your own money, even when you're somewhat successful.Let's use an hypothetical scenario.

Other than that it's pretty simple.

@Chris Seveney  @Mindy Jensen    Mindy can you run this up the flag pole at world headquarters.can you guys develop an easy PV  for note investors .. a simple to use calc. to help these folks who are trying to determine what to pay for a certain yield in the note space.. ??? 

Hello BP Members,I'd like to get feedback from OWNERS operating their own SELF SUFFICIENT/INDEPENDENT real estate investment business, regarding the best entity structure of choice?

(Hopefully if you don't use the CAR lease then your lease has a similar clause that holds the tenant responsible for toilet/plumbing clogs/blockages that they cause.)So, as you can see, there's far too many variables to give you a simple answer as to when to authorize the afterhours service calls and when not to. 

Agreed, keep it simple and start the lease Aug 1.