I will contribute in any way possible.

Then it analyzes the current reserves and the annual contributions and reports to what extent the reserves are "fully funded."

We could sit down before or after that and chat about all the different things I could contribute to your operation. https://www.biggerpockets.com/forums/521/topics/389751-using-hard-money-101---w-special-guest-eastside-fundingWhether you want to work with me or not, I recommend doing your due diligence on agents.

Contribute what you can as you learn.  

Thanks to all those who contributed. 

But could bad tenants also contribute to the rent spikes?

While your point about paying above market value is theoretically possible, in practice it will never occur as those factors contributing to local acquisition prices and the market CAP rate will also factor into our risk analysis (local economic trends, clientele, directional move of the neighbourhood (improving/deteriorating) which determines the level of return we would require from the venture.

Thanks @James Carlson, @Ryan Hilbun, @Rick Hernandez and especially @Waverly Rennie for such great contributions and suggestions.

No, unless you paid a higher price with the seller contributing the difference to closing costs, essentially financing a portion of your closing costs, assuming the property will appraise for the higher price.

I also like the idea that note investing contributes positively to the economy and can provide a good solution for a borrower who has experienced some difficulties.I have downloaded Dave's ebook but need to get a bit more detailed knowledge to truly understand the business and the potential of investing in notes.