What are your monthly payments on your consumer debt?

Due diligence is "scary" and time-consuming, I've seen people ask "how to do due diligence" so I thought I would share “my method” after 12+ years as a consultant.I'll like to start by giving you my thoughts on what due diligence is and the true role it plays.First, the obvious one, due diligence is necessary so you DO NOT LOSE YOUR INVESTMENT BY BUYING THE "WRONG" MORTGAGE.

Private lenders/investors can't afford to comply with the consumer protection rules in Dodd-Frank.

Check the Department of Consumer Affairs for both; they have links and have a detailed page outlining exactly what you need in addition to the fee's you will need to pay.Nassau makes it extremely difficult; you must be able to validate past experience and they question EVERYTHING.Suffolk is easier; fill out information, take a test and that's it.NYC same as above.

For example, a mid-range estimate for per loan Dodd-Frank/CFPB compliance costs is $5,000 that consumers must pay one way or another, but let's say lenders already bake $4,000 of that into the rate by default (loan will sell for $4k more with a higher rate, as part of a mortgage backed security on Wall Street), leaving you with a $1000 "underwriting fee" to pay. $1,000 is 1% of a $100k loan, but only 0.2% of a $500k loan.

I am following that model but find myself consumed by excel and formulas.

Consume it. 

I've been reading all the books I can on investing, rentals, reading BP forums, and listening to all the podcasts I consume.

I am wondering if any of you, on the consumer or provider side, are going to BPCON 2019 in Nashville coming up in a few weeks and would want to meet up?

I am able to pull my records through a backdoor at the County's website, though it is still a time consuming task.