My plan is to progressively replace my wage income with interest income from Private Lending which would allow me to work part time rather than full time.

I would like to use it to help me evaluate houses.

Keep us updated on your progress.

I wanted to up date everyone on my progress. 

Step back a few steps and evaluate from a different angle.     

I've trained prob thousands of dogs and have evaluated thousands.

You'll get a good solid understanding of many of the metrics used to evaluate an investment (such as cash on cash return, which measures the annual return you made on the property in relation to the down payment and expresses it as a percentage)

After a move out walk through is completed with or without the tenant, how do you: 1) Evaluate what to charge them for?  

Now, I have read about NOI, CAP rate etc and evaluating the purchase price based on cap-rate.

@Kent Verge,Thank you for sharing the "delights" of Investing in RE.Please keep us updated on your progress with the rehab.Raymond