Factor in things like a property manager, even though you won't need one up front. 

Here’s a link to the Rules and Terms of Service for our site.

@lakshmi chari There are many factors to consider when purchasing mortgage notes but I’ll just name a few things to help you get a general idea of what to look for.1) The area the note is in.

There is also a high correlation of unaccounted costs, "missing" expenses and other shenanigans (a tenant gets cheap rent to be the de-factor PM) that do not appear on the owner P&L. 

Here is a link for some more info on generating leads and blogging about real estate.

That would have to be factored in as well....

I would share links but apparently that's illegal.I have a real estate sale team with people licensed in Massachusetts and Rhode Island. 

@Jo Zhou send this link to your PM.

I suppose I could lie to myself and not factor in reserves, but that will only hurt me down the road.  

At my point in life, I need to minimize the hassle factor vs maximizing ROI.