I am sure most of the online platforms that take electronic payments bear the same risk, unless we don't use this kind of platform.

Don’t hesitate to reach out if you have questions—there’s a wealth of knowledge here, and we’re all here to support each other!

And what kind of protection are you referring to?

@Ryan Ohri thanks buddy for the kind words!

If they decide to move out you can do the remodel. 3) are the tenants in any kind of financial situation to buy the property?

Most of his coaching is for consumers who have credit card debt and other behavioral finance needs so I support a lot of it.   

I am kind of stuck on where I should lead him next, since he's busy with school and sports he doesn't have time for a job.

Provide details and supporting documentation.

Is there any evidence or support I can include to make my letter of intent more credible?

I think there are two maybe 3 ways to look at this in my mind.  1) you go into it and bring it all up to modern standards but using that old charm to basically take what is there bring it up to modern standards and rent it out essentially I'm thinking cocktail bar or something trendy like that.2) most banks are on really good centrally located real estate if this is true, then I'd consider it for the dirt, plan to scrape the lot and go vertical with whatever the highest and best use is.3) a kind of combo of the two, if the lot is in a good location and its doable, pull the vaults or other "character pieces" out of the building, scrape the lot, and build whatever is best suited for the site there, but incorporate those historical pieces into the final designs.Is the site near a major retail area?