HUD won't approve something their model says can't work.

And, even if you could find an appraiser to do an evaluation, it's not clear how that would help you.As you state, the motel has been shut down for nearly three years, so there's no current financial data.But even if you had recent numbers, you're planning to operate it as a sober living facility, which I suspect is a very different business model.You need to find a comparable facility in or near your local market and develop your own customized financial analysis model based upon this particular property.Then, given your business objectives (cash flow and cash-on-cash return, I assume), you'll need to back into what purchase terms you'll need to achieve those objectives.Only then will you be able to determine whether these seller financing terms will work.As far as documentation to get started, a letter of intent (LOI) is commonly used but you might move straight to a purchase and sale agreement, particularly if no agent is involved.Whichever path you choose, just be certain to give yourself plenty of time to thoroughly perform your due-diligence.

interested in metrics like growth, rental rates, value forecast, etc.I have seen reventure, the bigger pockets "find markets" tool, bestplaces, and costar.

Hey I have a lot of contacts with contractors if you are interested in possibly finding someone who fits more in line with your business model .

You are missing a lot of steps and costs and forecasting of obstacles.I've been through the BRRRR 100+ times with clients. 

My Fiance and I are very familiar with the arbitrage model, however the main benefit of the course would be to scale faster than we could alone. 

We also have model units that are available to show via a property tour. 

Investment Info:Single-family residence other investment in Los AngelesGilmore Homes - Gilmore Loans, LLC is launching its affordable housing model soon, the MG 599 Modern Model.

I told them that I have not heard of one coaching program that actually uses a mentoring/apprenticeship model. 

My understanding is that fund of fund models allow capital raisers to evade broker dealer rules.