It's beneficial for assessing ongoing performance and making decisions about selling or refinancing.Using both methods can offer a comprehensive analysis:Comparative Analysis: Comparing both Cap Rates can show how the property's performance has evolved, indicating changes in value or income efficiency.Decision-Making: It helps in making informed decisions about holding or selling the property and evaluating the impact of improvements made.In short, the purchase price gives insights into the initial investment return, while the current market value reflects the current and potential future performance of the property.

Your goal of ongoing cash flow is exactly what makes this scenario work if you have the excess underutilized cash necessary to buy the note from the exchange.The key is in timelines.  

My wife and I are planning on going down there next weekend to check out some of the properties first hand and talk with some of her relatives about the areas. 

You’d create a new wholesaling niche that would separate you from other competitors out there...And People like ME would become Loyal ongoing customers that would easily buy every single one of your deals as fast as you can get a hold of them...With all that upfront work...couldn’t you justify a higher commission?

You would have ongoing filing requirements with the State and would need to keep business records and documentation.

As I have it set up now I can run a balance sheet by class to look at incurred expenses for an ongoing project, or P&L by class after the project is sold and moved to COGS.  

I agree with Jake Thomas on going through a Realtor.

This is a county event here in Ohio and one of my largest ongoing expenses.

Unfortunately some colleges require you to live on campus for x-years, but if where you plan on going doesn't you should consider it.

Would the buyer have the same issues that you’re having, and could they end up defaulting on their payments if they can’t collect rent because of these ongoing issues?