Especially if you like craft beer, fishing on the Great Lakes, ArtPrize, or if you’re in the Medical, Automotive or furniture industries!!

I've been playing around with comps but I'm struggling a bit on how to account for the stylistic differences of a home (or whether that matters). Here's an example:Subject house is a foreclosure listed at $86k. 4 Bed ...

I have not seen this exercised without other issues like delinquency, but they have the ability to do it. 

With relative certainty I can almost guarantee my renters will not have drunk celebrities at my properties :)  The mail person one always gets me, it would seem that it would have to be a tendon severing incident to get the medical bills that high and it would also be a workman's comp claim as it was an injury on the job.... 

The note was written at 8% interest with 240 monthly payments of $1,129.19 each.After receiving almost 7 years of payments the sellers desired to sell a portion of payments for medical expenses.

Or ignore that advice and enjoy many years of all-inclusive government sponsored housing and one exercise break per day.

My eventual goal is to do 25 min of reading, 20 min of mediation and 25 min of exercise.

To have the freedom to exercise that gift in the way you choose without regard to the financial side of it is the greatest gift. 

They want my 2017 taxes to close the loan, so it looks like we will be in hard money until March or April.Here are the numbersPurchase price (from hard money lender) 160kClosing costs (paid by me) 2,409.22Repairs (paid by investor) 9,634.23Option fee received from new tenant 5kSale of other parcel 105k (96,201.04 after closing costs) applied to hard money loan.New loan from hard money lender 64kOur total into the property 5,000 (option fee) - 2,409.22 (closing fees) = 2,590.78 cash backIf we don't get the loan on the property then we will pay off the investor 10,790.33 at the year mark.Cash flow is 438 (219 each)Our total profit over the next five years on this property if the tenant exercises the option at the 5 year mark will be 142,900 (71,450 each).

The purchaser must exercise the purchase option at the end of that time period.