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.

I agree with the previous comments about figuring out what your goals are in the next 10 years and reverse engineer - what do you need to do to achieve this? 

FREEDOM and Liberty is achieved via DE-centralization!

The more you learn and connect, the better prepared you’ll be to achieve your goals in this market.

We leveraged our expertise to secure the property at a competitive price, ensuring there was enough margin to make necessary renovations and achieve a profitable sale.

So, I am going to work on achieving this, many times.

In short, to achieve and maintain financial freedom.

The outcome of investing in 9121 Chesapeake Blvd has been positive, with the property achieving full occupancy and generating a steady rental income.

It's not going to come easy, but if you have the right group of people with experience and net worth, it's very achievable.

I need capital and experience and this was just one way I thought to achieve it, any suggestions?