Never use a seller's numbers, yours will likely be different, if nothing else, by inflationary costs, taxes go up, insurance goes up, utilities will go up or the usage won't be identical, some seller's numbers put you in a ball park, usually in the parking lot, not at home plate.

@Christy Harris  Orygonians don't like CA because they blame then  ( US) for running up the values of property by paying to much... and raising tax's and crowding the roads etc etc. this has been on going for 40 years LOL.. and my adventure in N> WI with IL plates almost got me shot.

I have a mobile home with a HUD plate that has no record with the TDHCA.  

But, I swear, it looks just like Fred Flintstone's drive-in dish in the opening credits. 18" plate and meat hanging off the sides!

I agreed since my plate was full.

HI ChrisAfter doing this sort of work for 32 yrs FL code has hight restrictions if you wish to fit anA frame roof check with building officials first, and that would be the expensive way plus you still have insightfully ceilings. the roof beams are undersized or to wide on center i think the best thing to do is lightly jack up the old beams and sister it with new ones to hold it,s shape if the sag is over 2" you will need LVL,s as for the roof remove old layers and fit ISO foam board and layer it higher on center so you have a peak in-turn water flows off most off all you don,t have snow loads in FL to worry about as for wood rot check the sill plates first or have a professional put hands on to advise hope i helped you      

Filip, That deal never did go through with my brother in law, he had too much on his plate and didn't want in. 

Most partnership agreements are boiler plate.  

Now I will also say that if you find quality properties, they absolutely have some investors who will step up to the plate and buy your deals.

It put's tenants at ease when they see boiler plate agreements.