I’d down some research a while back but was finding 12-14% interest. 

you can go back and update the post and make additional comments, statements etc. 

"I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Just always seems to be put on the back burner.

I was trying to back into the purchase price that would meet my requirements to submit an offer; so based on the rent roll provided, I estimated Opex to be 50% of the effective gross income, amounting to NOI being 50% of $112K therefore $56K.

Different programs have different requirements based on their end investor who buys the note.

I’ve used both platforms you mentioned and they seem to be at opposite ends of the rental spectrum and see what you mean.

The legal end of this I can answer.

Usually I will expand the area and look farther back in time before looking at under contract comps.

@Spencer Moore did you end up investing in New Mexico?