A note buyer figures this out by looking at the stream of payments and using the interest rate he desires. 

Man I guess I am just spoiled.Here in GA we get nice land and mini-mansions for those kinds of prices.I have always been a traditionalist and love warm Earth tones.So that market there they desire those kinds of houses??

I only keep basic information such as; name, phone number, email, desired location and notes about that person.

My thoughts are to accept a slightly lower ROI than desired in return for less headache, because I would own a new property that would not need any upfits for years to come.  

You cannot predict appreciation.Jon - You do realize that IRR calculations/forecasts are heavily weighted to the exit price?

Class B properties tend to generate a higher return than class A properties.Class C properties - Class C properties are generally older and are located in less desirable locations.

As someone local would be nice, I think the benefit of a larger pool of tax professionals will likely out weight the benefit of a local person.

That time is doneI'm a Veteran and failure has never been an option, so I have no desire to start now.  

I will try to be more diligent in posting here and also maybe we could get together for coffee some day soon.Duke 970-218-2296 I can see how higher end homes would be desirable to investors given the tight market.

In some instances the opinions of equally qualified appraisers may carry unequal weight, such as when one appraiser has a better knowledge of local conditions.The appraisal report must contain a complete description of the property, such as street address, legal description, and lot and block number, as well as physical features, condition, and dimensions.