I came to the realization end of last year, that even if I made it successfully working in sound out here in the valley, my income would always rely on how many clients I can retain. 

The contracts normally run with the land so you cannot get out of them and if you buy you are buying and retaining the contract.  

Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Anyways I can however give you exact numbers for the contracted items. keep in mind this was only a 750 sq ft house too.Contracted Items:Roof: $4,100Steel high quality Siding from ABC seamless (3 sides only): $6000New paved driveway with retaining wall: $4,400New furnace and some duct work: $4300New gypcrete poured on entire Slab to level floor: $2,300Gutters were included in the siding jobTape, Putty and Patch work on the entire interior: $2000New blown-in insulation and baffles: $1,100My work (materials Only (give or take)):Windows $2500Laminate flooring from Costco: $1200floor Tiles on sale at Lowes: only $50!

If this isn't resolved by end of next week I'll retain an attorney.

So, the "value" is what the market will bear and private notes are simply not seen at the same quality as institutional notes to begin with, for many reasons.And yes, the highest price you may get is by guaranteeing the note with an assignment, more like borrowing against it or selling part of the payments and retaining the responsibility of the note's performance, with recourse.

Might be worth a 2-400 dollar retainer to get some clarity on this deal before it turns into a real headache. 

The quality fnma/fhlmc grade debt is wanted by these intemediary banks because they have lower chance of default so these banks want to retain the servicing rights and then sell it to fannie freddie later.

Wanting to understand exit strategy OR if I could/should retain them longer term.

The old mortgage amount of $631.93 is not retained, correct?