FYI, always get some kind of proposal, job scope, estimate.

Federal fair housing law is some of the most powerful legislation on the books.

The seller, who is developing and in control of the entire retail/commercial/entertainment/residential development needed the proceeds of the proposed purchase now.

Local Legislation, tenant pool quality, tax legislation, natural disasters, job market growth, saturation of real inventory, and real estate market disruptions through innovation are a few of the things that you cannot control.

We are looking into funding options and had the same thought, starting with our family and friends.We are new to this as well but I was thinking about presenting it as a business proposal and showing them a sampling of a property we already ran numbers on.

they're ready to retire & want to buy a motel & run that instead of the 2 businesses. they mentioned wanting cash, but I didn't propose owner financing. how would the realtor get paid in that situation?

Is the proposed non-owner financing achievable in this area?

I just read this from the KSTP news website:https://kstp.com/news/proposed-changes-to-minneapo...

My agent seems quite savvy, and with her walk-through video and commentary, I should be able to at least ask some contractors for bids/know general rehab needs.After being denied the first proposed walk-through, my agent set up another one.

I do not know what you are proposing to do and whether it is a short term or long term investment.