i guess i'm one of the blind sheep that follows the pack...i agree permits are a pain and a ridiculous fee that the government mandates...however, they do serve a purpose...i didn't see if you specified who ran the sewer line..my understanding was the seller himself did it...that's a different story than having a licensed plumber do it on a weekend and not pulling the permit (not advocating this approach either, just separating possibilities).

Hello, I'm brand new to notes and wondering if these look like good deals.Non-Performing - #1 - Principal Balance - $30,062.77 at 11% purchase at $8k - ARV - $135kPerforming - #2 - Principal Balance- $155,745.61 @2% purchase at $60k - ARV - $100k#3- Principal Balance - Principal Balance $119,062.23 @3.5% - Purchase price $60k - ARV - $135kThe benefits I think compared to rentals is that there is no tenants, but I'm not sure if banks are willing to refinance notes since I know banks are willing to refinance rental property?

When searching for comparables to determine an after repaired value on a property, how close are they from your subject property?

Buying/renting a house in DFW is insanely easy compared to much of the rest of the country.

When you ask the seller to show you the comparables, the seller is very likely to only include those that support the asking price, and is likely to EXCLUDE those that DO NOT support the asking price.

This also puts you at risk for utility fluctuations.My experience with roommate situations is they are comparing to rent and don't factor in add ons.

What is the purpose of the 104.1 endorsement?

What are the comparable's in the neighborhood?

My work has increased the assessed value of the land to 8.4k per unit compared to the initial purchase appraisal of 3k per unit.

After that ask them and compare.