I imagine it will sell to an owner occupied buyer who is looking to offset the cost of living as compared to buying a SFR, or even renting an apartment in that area, as opposed to trying to completely cover their mortgage or Cash flowing from afar.My Philosophy:My personal philosophy is to buy-and-hold properties which offer handsome monthly cash flow and are self sufficient through various market conditions, repair needs, and potential vacancies.

Further, if they are good enough to be a mentor I highly doubt that the amount that is able to be charged is enough to make a real difference in their lives or that it wouldn't be much more profitable to get paid on success fee considering you can always charge more on a variable structure and that the pool of buyers increases in quantity and quality.

I like the area because the population can be self sufficient without Atlanta.  

If your existing Note with you private lender covered purchase + rehab and you have added sufficient equity via your rehab you can pay off your investor with the bank's money...........then move the property back into your LLC.

Will your cash flow be sufficient to cover reserves and any other cash you need?  

The value of the paper will be predicated upon several factors.Most note buyers look for discounts based upon the fact the Seller has received a certain amount of payments, the Borrower put sufficient down, and the value of the note is in line with the real value of the property minus any equity over the note value. 

Just one might not be sufficient.

Would an umbrella policy be sufficient?

I explained to her that there is one lease on the property and so one notice of intent to vacate is sufficient.

I have a feeling this information would be sufficient to deter many tenants from vandalism Nathan Emmert so maybe you do want to KNOW but never USE it!