You just totally boosted my excitement for this next chapter.

I’m have the goal to get additional licenses next year to boost my resume.

He has written up a contract for me to look over and it yields me a 20% cash return on the principal in 12 mo. with a personal guarantee on the loan and the interest if not paid in full at the 12 month mark.

Keep in mind that most of these kids have never lived by themselves before, so automatically there is a level of negligence that comes along with them as tenants.Jumping at your numbers, definitely not worth your investment. one thing to keep in mind is that Students are very high risk investment, which should be yielding high returns.

Lots of sad faces leaving some of those hearings.That's why for me anyway owner occ notes are just not something I have the time or want to deal with personally.. risk reward to make a 12 to 15% return to me is just not there when you can originate a new non owner occ note and get the same yield.. 

A college education used to be a special thing to boost your resume, now it's just a standard expected thing.

Hi @justin Laczynski,Cap rates have compressed as a result of the general "search for yield" and the subsequent amount of capital in the market.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $498,000

Cash invested: $80,000

Sale price: $725,000

House Hack. Did major upgrades to lot and remodeled 1 bath...

Yield in an asset are a function of the risk of that asset and market.

Since I was going to keep the tenant stay on after the transaction, I didn't want to close on a transaction yielding negative cash flow.