I think the safest approach would be offering the package at a certain price and excluding the alcohol.

We have an offer for someone to purchase our property via Subject To. 

OpportunitiesAffordability: Compared to many West Coast markets, Albuquerque properties often come at a more affordable price point, making it possible for investors to get started without a massive initial capital.Rental Demand: Due to the presence of UNM and other educational institutions, there's a consistent demand for rental properties, especially those close to campuses.Cultural Appeal: With its rich Native American and Hispanic heritage, Albuquerque offers cultural festivals, markets, and historical sites.

You pay for what it is... not for what it should be or could be.Later PalRogI did throw out a general offer just to try.

McKinney and Princeton have been growing a lot and it is a good place to invest, but it is always related to what you are looking to achieve in a rental investment, appreciation or cash flow.At this time that area does not offer a big cash flow and due to the amount of development going on there, rental demand has declined a bit.In any case you have to make an analysis case by case.

@Brian Chadwick A cash out refinance might offer more favorable interest rates than your HELOC provides.

Using your ratio that leave 13.38% for pm, insurance, maintenance/cap ex.  

Any ideas or guidance James Dainard or anyone else could offer in this regard?

I feel this gives me the flexibility to find the right solution for my client and not just sell what my bank offers.

No longer can buyers underwrite to $1,000/unit payroll and $250/unit insurance expense.