Which we could recover by rolling into the sale price (hopefully).I didn't look seriously too seriously at the "buy the system" option because I didn't want to lay out all that dough, plus the lease terms mean they are responsible for keeping the system fully functional the next twenty years, not me. 

I would recommend going to smaller community banks or regional banks, and kind of lay out your intent and see how receptive they are to your ambitions.

It all depends though... last year I was working on a house and the neighbor popped in and asked if I'd be interested in buying her house (which happened to be the same exact layout.)

Edited, Wow, two other posts I didn't see while typing, I must be slow or typing too much :)Is this a contract layout question or an agency relationship question, I've not seen the contract so can't say how it's laid out.

The view from the kitchen looks better in person, although the layout of the kitchen doesn't really optimize that view.And, in the rest of the rooms, there are ocean views but they are peek-a-boo views where you have to be in the right spot to see it:

It can be a good way to do deals without having to lay out a lot of cash.  

I've been involved since the 2nd week of January, working in Sketchup to model the house as is existed, then work up plans for the new layout.  

This applies much more on the re-finance side in the case of a BRRRR situation, but helps on all sides and I'll lay out a few real examples:-I was looking at refinancing a rental and received the bank appraisal at $425,000 and the second appraisal I ordered myself came in at $505,000. 

If you end up with an awesome location and great layout, then you will always have it leased out weather its an invesmtent grade tenant like Davita Dyalisis or a non investment grade tenant like a local restraunt chain.Another pointer is that try to truley understand where market rents are.

If a city or county will not allow a drive thru or it has to be behind the building or some other weird requirement the tenant will likely balk and not want to do the deal.That site might have to be some other type of STNL property to make sense and get zoning and site layout approvals.There is a lot of risk involved with a non-credit tenant signing a forward commitment for a lease so protections need to be put in place.