Figure will do Heloc style loan product up 70 LTV on single family NOO.

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.

Makes a huge difference especially in our economies of scale business model. 

Communist style federal controls in assorted housing. 

I do like the rent to own model he speaks of in which the tenant assumes responsibility for the maintenance

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 .

Thanks The handwritten/sharpie style is the best option 

Did the heat treat and it worked.I recommend getting the encasement style pillow and mattress protectors. 

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.