He is willing to sell at a discount (with or without a seller note) or to put them into a trust with me as beneficiary as long as I agree to take over all management responsibilities (directly or indirectly).

It was great this weekend the first item I searched for was a $900 headboard she had on Wayfair that I found for $220 at Home Depot minus 10% military discount and 10% cashback through topcashback making our true cost ~$180. 

The just rolled out a 10% early booking discount that was automatic unless you actively opted out.I just got the email yesterday or the day before.

For those exploring note investing — how do you evaluate yield versus discount when analyzing a deal?

.- IMO, you'll have to add a discount to nearby, comparable properties that aren't on the busy road to entice guests and provide an appropriate value; therefore, you should pay a discounted value for the property.- Provide white noise machines, box fans, and earplugs in each bedroom.- Are any of the bedrooms on the roadside of the house? 

Florida is down almost 15% and Texas is following the same path.I bring this up because at a recent meetup some investorswere telling me they are willing to pay full price to beat the competition.That's an insanely bad move right now unless you're willing to come out of pocket to cover expenses to try to keep those houses afloat.Stop speculation for the love of the real estate gods STOP.The only time you lose money in a real estate crash is when you sell in bad timing...BUT you must remember that deals are only deals depending on how they were BOUGHT, not how they were SOLD.Heck, even in Denver the smartest investors I know are buying at even deeper discounts because they know DOM are going to be longer than expected.Get better at sales, get better at marketing, don't be romantic on any one market and we will survive. 

(sorry you rocket scientists, you'd probably overthink real estate, too.)2) As a newbie, If you are told what you can and what you can't do, it cuts the risk tremendously.

Something that we value tremendously (regardless of the appraisers opinion ) and are working on adding an off grid hot tub, outdoor sauna with water side jungle-gym.

Quote from @James Hamling: @Don Konipol have you ever ran into: The Desperate Discounter - He's calling, texting, e-mailing again; wants to talk, says he "needs" a deal, is seriously looking, gotta connect.

It also matters if it's a Deed of Trust or if it's a Mortgage or if it's a Sheriff's sale.Frankly, an HOA Sheriff's sale is treated much differently than a Tax Sheriff's sale.And, In fact, one strategy is to purchase a discounted 2nd from a lender, who believes the 1st will be foreclosed and the 2nd will be wiped out anyway.