My initial analysis suggests a conservative offer in the range of $3.2M to $3.35M could be justified, factoring in current market cap rates and the property's upside potential.I'd appreciate any insights on:1.

It needs be a property that is livable and qualifies for conventional lending but the projects are done in stages to where it's only slightly uncomfortable residing in a construction zone.

Great analysis. 

It's great insight since the tenants are living their normal life there versus a staged home.You may be able to talk with the tenants if they are there when you see the property.

@Nilusha Jayasinghe score system does NOT matter.What matters is understanding the risk of default any score represents.See link below for more info:https://newsroom.transunion.com/transunion-analysis-collecti...A landlord should ALWAYS get the SSN from tenants to protect themselves and hold tenants accountable.

A better question is what happens if the SELLER can't close in that scenario.Accordingly, many assignment fees are paid in 2 stages... 1 at time of assignment (often into escrow) and the balance at closing.

It takes work to do analysis on 1600+ properties and that's what I do for my clients.

Of course, normal piercing of the corporate veil analysis applies and you can botch it up by mixing personal and company transactions or by failing to follow legal formalities for the LLC.

Often it comes down to risk/benefit analysis on whether to make a legal claim or not.

Negotiations are in final stages of contract edits between the attorneys.