About $550k net at a 10 CAP (which should be a no-brainer in the right location) you'll triple your NOI on a cash deal, which I am assuming is what you want to do?

I am assuming you are registered with SEC.2.

These comps are all single story, so I am assuming at least for the 3 bed that the common areas suffered in order to make these bedrooms happen.

Assuming an 80/20 split and using the tax assessment value (you can't, just doing this to give you a number), your improvements are valued at about $92,000.

I assume this is pretty easy since it would seem that the borrower is making payments on this mortgage or at least getting Mortgage Servicing correspondence for this lien.

If they gave it on June 1st, they're responsible for rent for 30 days from then (assuming you require a 30 day notice).

I would assume this is on a per lender basis to keep them from overextending, but subsequent lenders would also see it when pulling your CR.

I would assume all responsibilities for the duplex as it would essentially be mine now.The numbers:- Mortgage, taxes and insurance come out to around $2,050 monthly.- Approx $270k is owed on the mortgage with 21 years remaining.- The property may be valued at around $190-210k conservatively.

I assume anything originating out of the country is a scam.Also, there is no way a foreigner with that amount of capitol will entrust a total stranger.

I'm assuming you plan on flipping that property you just got?