Help with Master Lease Option

[Ben Oki]

Hello BP,

My name is Ben Oki and I am apart of Cavanaugh Real Estate Group. Me and my partner were approach by a older couple (family friend) about buying one of their apartment complexes. As they are looking to cut down their portfolio. The problem is that our funds are tied up in other assets currently and we are relatively new to the area, so I'm not sure if a PL is feasible. So I have a few questions the ultra knowledgeable nation of BP.

1. Is this a good situation to use a MLO

2. If so, how should we structure/present the offer to them.

3. What could be other strategies we could use to acquire this property.

Again this a very good family friend of ours and we would really like to get this under contract. I truly appreciate all of the replies.

P.S. Our management skills are exceptional, so we are extremely confident that we will increase the NOI.