I'm not sure if that's something I feel comfortable divulging at this point.Anyone else have any experience with this?

If you are buying a non-performing note, then you are going to weigh your costs and risks of foreclosure, costs of foreclosure, etc, and come up with a comfortable discount.  

Comfort makes cowards of us all.

Which example you give the most weight to is totally dependent upon what your goals are and what your comfort level is. 

I personally would not feel comfortable giving a tenant my bank account number.

However, I feel I need to be more comfortable with the refinancing strategy before I pull the trigger.

We strive to provide safe, clean, affordable, comfortable and quiet housing for responsible renters in the neighborhoods of West Vancouver.

I own a number of SFR rentals in the Antelope Valley and all of them are cash flowing and appreciating well.Wether it's a good idea to sell your primary residence, or to rent it, depends  on wether you are comfortable with the cash flow from renting it, and the cash flow would be $545 ($1,850 minus $1,305) minus property taxes, and minus insurance, which cash flow could end up being around $285.If you sell it right now, your gain is $161,000 ($306,500 minus $145,000) minus $18,390 realtor commissions ($306,500 times 6%) minus $24,150 capital gains taxes ($161,000 times 15%) minus $6,000 closing costs, which totals $112,460, and minus the loan balance.

So I'm looking for a minimum 12%-15% ROI, and bare minimum $300 cash flow (although I'm way more comfortable with at least $400-$500). 

Some of the improvements are tangible personal property that gets depreciated over 5 years (or 7 years for some property) and some will be considered residential rental property if they are structural components, necessary for the general maintenance and operation of the building or necessary for human comfort.