Thank you, Doing work for an investor is different then working on a 203K loan. 

I will be investing roughly 10k into equipment for this new gig. 

I have sold timber in years past and even had the sheriff seize equipment from someone illegally cutting it on my property.

When vetting a passive deal, every investor will do it differently because every investor has a different risk tolerance, comes from a different financial situation and has different financial goals.

They do seem possibly open to seller financing the difference of $172K.

What is going to make any difference at all this year?  

The article is off because it is comparing two different types of buyers.  

Plus, very important to understand the new layout and how the dig down will effect the existing stairs, plumbing, etc.Happy to connect and talk through your specific situation because @Bruce Woodruff mentioned every project is different and know one price fits all espeically with these complex jobs.Where at in Chicago is your building?

However, it's a deal in a different state and during the Facetime showing, I could tell the tenants were gross and makes me think they don't care about taking care of the place or their living conditions.

But as for the seller finance, would the loan to the seller be the difference between 450k and the refinance number of 220k?