We're signing 3-5 year escalating commercial leases, which is awesome.Generally, what we've been estimating is that if this is a pretty nice residential assisted living home, that we will get $800-1100 PER resident. 

Which is why the cost increases by approximately 300%.  

So, if I budget 5% for vacancy, I can readily beat that budgeted estimate.4.

Alternatively, inheriting the property and doing an internal buyout (where your wife and you buy out the other heirs) might allow you to bypass some typical closing costs.Renovating and Flipping: If the home is in need of significant repairs, getting an accurate estimate of the renovation costs before making an offer is critical.

They should keep detailed records, including photos of damaged property, repair estimates, and receipts for items like cars and appliances.

The appraised value is exactly what I estimated, as well as the market rent and expenses.

What is the estimated value today, what is the current balance on the bridge, what is your current score, what is the current gross rents.Be happy to help discuss.ThanksCraig

I would use the lower estimate if you want to guess, but why guess?

Calculate Capital Gains:• Selling Price: $290,000• Basis: $166,667• Capital Gain = Selling Price - Basis = $290,000 - $166,667 = $123,333Depreciation Recapture• Since no depreciation has ever been taken by any owner, there will be no depreciation recapture to consider in this case.Final Capital Gains Tax Calculation• The total capital gains that Person C will be liable for upon selling the property will be $123,333.Summary• Capital Gains for Person C: $123,333• Depreciation Recapture: $0 (since no depreciation was taken)My QuestionsIs the above estimated capital gains tax correct?

As of now, AVAF1 has a funding gap of approximately $10M.