Rates are now higher which will kill their cashflow and encourage them to cut their losses and sell.

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.

If you tried to cut the line in front of me or park on handicapped, I will also confront you.

Even though inflation is at a healthier level for Powell, he has a tendency of overpromising rate cuts and underperforming on their delivery.

How do I know a lender won’t just take what I have and cut me out and do it themselves? 

I’ve called several times and I can’t get a straight answer on the turnover.

AGNC paying me 14% dividend and should rise >10% over next year as long bond yields fall due to falling inflation like today, or rate cuts, or recession. or equityREITs, like BSRTF, owns multi-family in Texas/Arkansas/Oklahoma, in good long term growth areasgood luck :)

OR because it’s really getting priced out of feasibility for investing in on market deals, and the off market deals are going straight to the hedge funds… it’s a fantastic city though.

I "harden" them by polyurethaning the raw edges on miters, and the underneath lip along the counter especially by the sink and dishwasher, and the sink cut out.

thanksI would be happy to take a look, we can do a straight bridge. 75%-80% LTV.