On the car wash business... this deal is to purchase 2 separate car washes in one deal, they are 2 auto touch free washes with 4 manual wash bays.  

According to the current Shiller PE Ratio (aka Cyclically Adjusted PE Ratio, aka CAPE Ratio), of 30 we are at a height only matched by Black Friday and exceeded by Dot Bomb (ref http://www.multpl.com/shiller-pe/).

Happens, as does lack of due care for those who come after us - little you can do about that at this point.(2) Confirm with the former owner (in writing) that the original deposit was not in any way "adjusted" during the original term or the month to month period thereafter.(3) Confirm with the tenant (in writing) what amount the tenant paid for the SD.  

CostsAsking price: $87,000Purchase price: $76,000Closing costs: $1,125Due at closing $75,300 (after property tax adjustments)ARV: ?

For instance if you make more than 110,000 AGI or adjusted gross income you can no longer write off your mortgage insurance as a deduction based on current IRS guidelines.

. - you can manually extract this information from Zillow if you know how to slice it.  

If you are clear on that, then I don't see any problem utilizing sales from a competing project to support condition adjustments.

We bought it at a 7+ cap so sale price was essentially price adjusted for the assumption.I would run two scenarios get the actually yield maintenance $ amount and add it to the purchase price and see what your model looks like after placing new debt and what your model looks like if the lender will give you a supplemental.What's your exit strategy and timeline?

Be prepared to pivot and make adjustments.

I made adjustments and Recently that has picked up.