@Shelly Rike MitchellHe is price shopping - you could also tell him he is responsible for termination and the remaining balance of the lease - take it or leave it.

So you can afford to shop around for a good refinance lender then

They are super customizable and if you shop around you should figure out what the general cost per sqft is in your market is.

So, with no foundational knowledge of real property, and no capital, his only alternatives are (1) “bluff” the homeowner into thinking he has the money and intent to close the purchase himself and or convince the homeowner he has an extensive list of cash ready interested buyers (“partners”) with whom he’s done dozens of prior deals or (2) pack up shop, write off the money invested in mentoring to a worthless investment, and decide IF real estate is right for home.  

Unemployment and wage levels will be a mixed bag. 

The pros is it's got a great exterior with steel siding and a new roof. also has a 1200 sqft shop that is insulated.

My current project is to remodel two buildings in a commercial shopping center in Wimberly, Texas. 

If I was you, I would shop around and talk to different property managers, see what they offer and learn about all that property management entails. 

My brokerage is licensed in all 50 states and we are able to shop all insurance coverage across multiple brokers.

@Ethan GidcumbLenders will not and here is whyTake a $200k property needing $150k renovation and arc is $400kLet’s say lender will lend $325k - they are not giving it at closing - there will be construction draws as I have seen borrowers take money to use on other projects and then lender is stuck holding the bag until he sues on the guaranty and goes after the borrower