How Lower Rates Could Influence the Housing MarketLower mortgage rates can enhance the purchasing power of prospective homebuyers, making homeownership more accessible.

Yes Every lender is different but my lender's stance on DOS is that we don't call the loan if its performing and paid on time.

I don’t want to see you end up as a mom and pop owner with a facility that is under performing and causes a lot of headache for you.  

Now of course we don't know what any given year will hold, because the market can be influenced by a lot of things.

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.

CocRoi, Cashflow, and dscr would all be helpful as well as expenses Hey Samson, I have several S8 properties in Detroit and I'm extremely open with my numbers and performance of those over the years.Happy to share if you're interested (or anyone else). 

Moreover, Mexico recently has had one of the world's best economic performances, with an unemployment rate well below that of the US.

I think it’s way too easy to over estimate investment performance based on how well the pro’s do.

The pro of a feeder fund is if you trust your FF GP and they are well connected, they can be performing due diligence on multiple operators.  

To ensure your STR performs well, do your kitchen and bathrooms need to be fully renovated and updated?