"Ringing" an auction is a sophisticated mathematical exercise.

One exercise I've always found super helpful when starting any kind of marketing campaign is to create as exhaustive of a list as possible of customer personas.

She does not appear to have kept up with payments/credits.Legally, it appears I would not have to credit the tenant back if they defaulted and/or didn't exercise their option, correct?

I never bought a home that I would not be at least comfortable living in myself as I always knew that might some day be an option I might have to exercise.

These days my exercise is at the gym or running when out of the office.I did a bunch of turning units when I had my 20 unit and it's overrated.

According to the complaint, the employees’ discretion “was exercised in a manner that discriminated against non-­Asian borrowers.”In the complaint, the DOJ asserted various theories for its claim that the seller financier had discriminated against borrowers on the basis of race or national origin, violating the Equal Credit Opportunity Act (ECOA).

And two, I think those who purchased apartment complexes exercising prudent investing principles (right price, strong markets, low break-even occupancy ratios, high occupancy rates, etc.), walked out feeling not terrible out of the great recession - again, relative to other real estate asset classes.

.* The taxpayer can acquire title to the property under a purchase option price that is nominal in relation to the value of the property at the time the option may be exercised.* Some portion of the rental payments is specifically designated or readily recognized as interest.* The sum of the rental payments and purchase option approximates the original purchase price plus interest and carrying charges.* The lease requires the lessee/buyer to make substantial improvements to the property.Keep in mind that no single factor is determinative, and that additional factors not listed above may also influence the result.You should also keep in mind too, that it will not be the IRS who determines whether your contract falls under the scope of Dodd Frank- it will be some local judge when your PO'd tenant buyer and his attorney take you to court and sue you for the past three years payments because you didn't "take under consideration the borrowers ability to repay."

This is a learning exercise for me.Here is the formulas I tried to use:cap rate = NOI/asking pricereplacement cost = $/sq ft + land valueDid I miss anything or just everything?

I'd like to get all the financials and create a offer that will actually be considered acceptable on both price and financing terms... but I don't think the owners will accept so at this point its mostly just an exercise to help me evaluate what a good offer will look like.Gonna walk on this one.