Sellers aren’t likely to take less than market value when they’re allowing you to assume their loan, but we can analyze comps to ensure you’re getting a fair deal.          2. 

One more pro tip: When naming your LLC, don’t box yourself in with a name like “Fast Flips Tampa” or “123 Home Buyers.”

If there are lease violations, mention them-you not having a key to access the unit WITH proper notice or in case of emergency is one of them.I'd also tell the tenant that they are clearly not happy there, so finding a new place is in their best interest as well and as they have several months, they should have lots of options.

@Jose Saladin you will likely not get a CO (certificate of occupancy) to be able to legally rent this out.

Seems like your only option is to save up cash.

It's not a direct answer to your question, but it's very likely you have no contractual leg to stand on.

@Jai Windish I don't know the neighborhoods of Peoria, but what about something like this: https://www.realtor.com/realestateandhomes-detail/1025-N-Uni...?

Hi All, It seems like there is great feedback for Anderson Business Advisors (https://andersonadvisors.com/) on this forum.

Its a 3bd/1.5 bath row home Either the rehab sucks and the house looks like crap, or, you overpriced it.

However, I’m new to navigating such a situation, and I’m looking for guidance on:Collaborating with neighboring property owners to reduce costs and share resources.Structuring deals involving land contributions and joint development efforts.Attracting capital partners for projects like this.I think this could turn into a win-win for everyone involved, but I want to ensure it’s planned and structured correctly.