As I'm sure you've heard Amazon and EY (among other business heavy-hitters) are bringing over 5,000 jobs to the city this year; these are mostly high-paying roles that are projected to increase the average rent rate by $300! 

When I went through this exercise a few years ago with a proposed multi-family build, our challenges were not finding a model and a builder/vendor, but meeting all the requirements needed for site selection. 

This should have been your opportunity to let the seller voice his concerns, explain his situation and you take the role of problem solver.

You are really a role model I should learn from in securing the rehabbing project. 

As an exercise, it's fine to play around with the numbers to get the desired cash on cash return, but you should know when you've deviated too far from the median price.I suggest looking at the sold listings on Zillow, Redfin, etc. to familiarize yourself with recent comps in the neighborhood.

However, if you first gauge their interest and genuinely try to help them achieve their financial goals, then it's simply you presenting them with information that will help them make an informed decision when your next opportunity comes along.The Sample Deal Package (SDP) plays a large role for me when talking with potential investors who already know a bit about real estate. 

To your excellent points in your posts, I think that the fact of the matter is that almost nobody has actually gone through the exercise of actually thinking about what THEY WANT out of life in general, and then forming a plan of action around those desires to get there! 

Also, once it’s exercised are there large fees and does the tax lien payoff increase dramatically?

I'm not a LEED certified but I know competing with projects/awards with LEED requirements plays an important role.  

Hi @Cris Zerriny,Your structure will depend on who's bringing the equity and what role everyone will be taking.