Do I draft the contract price for higher than the actual build price that would include our estimated profit (sell price) or would a separate agreement between the lot owner be sufficient enough that outlines the deal since we don't know the actual sell price until it goes to market?

For example, their rent is $2000, they pay me $1000, I then apply the $1000 to the renovation project, which they estimate to be around $8,000.How should I write up the lease agreement as far as collecting the rents?

4-Plex details: -currently occupied-estimated sale price 265k-ARV 400k, and 4k/mth in rentBackground on me: -I have an LLC-I own 4 single family rentals-each has around 70k + in equity-all cash flow well -credit is 800+ with adequate income.

Please feel free to reach out so we cam discuss this in detail.

A viewer asked about buying an 8-unit property in Memphis, Tennessee, priced at $560,000, with rents estimated at $6,400 a month.

See details below.Two weeks ago, I got in touch with a seller looking to move from a his house that needed a lot of work.

Quote from @Mark Alford: Nghi Le, what additional detail would help with this question?

I will be diving into those in more details and putting together my Box based on the numbers and affordability.

Feel free to give me a call if you would like to discuss in further detail.  

Many cost segregation firms will provide free estimates of the accelerated depreciation along with pricing.