Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

All very intentional

Hi Zack,A big item to think about here is your intentions for the property.

Being vague was intentional as lenders who can work with Cannabis businesses are few and far between. 

And, the lender doesn’t have to make the loan if they know this is the borrower’s intent.

No, my intentions are pure with the seller.   

Sure, this COULD be a cash grab by the city, but maybe there are some good intentions behind it? 

Bouncing payments or only being an illness or accident away from notbeing able to pay the rent, are issues considered by our underwriting.Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter ofexplanation (LOX).

The IRS rules are vague and intentionally so.

Quote from @Chris Seveney: @Kody SmithJust went through this with a 2.8M property that thought needed $200k in repairs and it went for $1.8M at auctionPeople are going to lowball this at auction and that close will wait and probably pick it up for around $1.4M well i guess ill offer him 1.9M~ and if he does not take it, ill attend the auction.