I understand what it takes to work hard, sow all day / night and wait for the fruits of the tree to develop before one can reap.  

Hi David, thank you for this it is an interesting read and there is lots of good food for thought.But for me I am not a fan of Syndication, (yet) and I do believe that the main reason for this is the lack of direct control I end up having.I have ventured into Partnerships over the years and with the exception of the one I have with my wife, none of them worked well for me, I understand this is more than likely a result of my approach to them, so I am confident that I can make it work, to me its a matter of finding the right place, and after a lot of conversations about Memphis I have decided this is not where I want my first Large Apartment purchase to be.I am now going to expand my search into Texas and possibly other surrounding states to see what can be found.

.$74,900 - $49,500 = $25,400 in equity Maybe I'm I don't understand what ROI is

Can you kindly suggest any reading material that have helped you understand deal analysis more.

I understand in some jurisdictions, window screens, door screens, and porch screens may be required, but if not, then remove that feature.

Good afternoon BP fam,So i understand and have the outline of what a business plan for real estate investor should be, but could someone show an example or copy a link to an example of a business plan so that i can see what it looks like completely when it comes to real estate ?

I know the return lies greatly on each fund's management and strategy, but would like to have a high level understanding on how interest rate might impact the yield of a note fund.

He's also an investor hisself so he'll better understand what your looking for.

Am I understanding this right: You are getting almost $29,000 per year after paying all expenses by investing nothing due to 100% financing and you are asking if this is a good deal? 

As I understand Abdul, he's looking for pre-foreclsoure properties: have received NoD / Lis Pendens, not yet sold at the auction sale.