Get the note papered up correctly so that you can sell the note later, if you decide to do that. 

I am trying to word an email correctly, and only remember hearing the term used once before.

How do I make sure Im practicing evaluating practice deals correctly ?

In other words to me it seems there is a conflict of interest for the same bank to refi me as in the end if done correctly I should no longer have PMI and a lower payment both of which is less money for the bank.

@Lisa LopezYou are correct !

Because a pre-approval (if done correctly) is really just a gameplan.  

So if the calculations are done correctly on these deals, they should be throwing off as much as several hundred dollars per month in cash flow?

Hello,   I want to get my calculations as correct as possible for determining possible cash flow. 

With the big company's, they pack the schedule so tight, you don't have time to do things the correct way every time, not even most of the time.My point is, maybe start looking for contractors with their own name on the truck.

Correct, the basis is stepped up to current value at the Time of inheritance.