At the time, it was worth it.

You buy houses because the finances make sense and you can get good rents to make the deal worth it.

The rule of thumb can be useful for sizing something up to determine if it's worth investigating more. 

Typically brokers represent the borrower, so this is something you want to find out ahead of time.

Also, take into account that lenders will typically lower the LTV in rural areas. 

@William CoetCapex is typically not included in NOI calculations

Because one of the best things about investing in real estate is the tax benefits. when you invest with your SDIRA, you do not get to take advantage of those benefits. but with notes, where income is interest income and typically taxed at ordinary income rates - that is huge if you can defer or not pay taxes on that income.

Hey Inga,I have seen in the past typical seasoning periods to be 6 months, I have seen it as low as 4.

Eg $50 a month for a vacancy on a place that rents for $1800 a month may not be worth it.

🤷🏽‍♀️✨I typically wouldn't reveal the address for obvious reasons but in this case, I didn't have many options since I only have one interested buyer (good or bad idea)?