I am very intrigued by the BRRRR method but my skills and expertise still lie in fix-and-flips.

, business model viability, etc.Any input would be appreciated before I get in touch with them.Thanks for the feedback and have a great day.Yasir Lillingston

This is an opportunity to confirm they have the expertise you need.

If you're not licensed in an area and your advice is outside your expertise, you can put your license at risk. 

and think about the advantage you would have over the other Allan Kapoors wanting to do everything from Internet if you're building relationships and developing expertise in person.and no, those numbers don't seem safe / conservative enough. 

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.

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

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

Partner Driven added value to the Sleepy Hollow Ln deal by leveraging our expertise in property assessment and market analysis.

Can anyone recommend an architecture firm familiar with Detroit's review process, particularly one that can handle a zoning review?