I would be happy to have a conversation so that maybe an alternative opinion or second set of eyes would provide some valuable insight. 

The conversation you want to have monthly with your prop mgr is: "What are the x things we're going to do this month to increase NOI."

Most people are receptive when you have someone trained to deal with foreclosure unwilling sellers and neighbors because it is a delicate conversation.

They do not record conversations but do record decibels to know if a unit was too loud at 3:00 AM every day of the week.

Leadership teams across the world are having these conversations. 

I've heard a few conversations about non-recourse loans within a Self-Directed Solo-401k or SDIRA.

The next step is we would have a conversation with current tenant reviewing the agreement for there move out _____ date, all that's involved with that, how we were going to start marketing, showing and leasing the unit, so "IF" they "change their mind" about the move out it's VERY important to immediately contact us because if they delay it could cause someone else to be homeless for a time, and their rent going forward would be _____ "as we already agreed to in the current lease". 

Conversely, if the investor took the $1,800,000 from the property and put it into a new property that had a cash flow of 15% ($270,000 cash flow), then selling the land might be a good option.That being said, is the 20% CoC you are calculating based on what you originally paid for the property?

Preliminary research on viability of project for this lot We have had 2 conversations with the architect who developed a spec site plan of the lot for the seller. 

@Aurora MartinezI generally don’t have conversations regarding the condition of a unit after a tenant moves out.