I had no money when purchasing so I skipped inspections which was a big mistake.

There should be no problem leaving 3 rolls out per bathroom, and that would include the one on the holder.

There's no real value add other than your convenience.  

Loan:$20k down, 3 year balloon, 4% interest amortized over 30 years.Sale: $727,000This was a 4 unit property located a few blocks from the beach in Panama City Beach Florida.We decided to sell due to the amount of work needed with no renovations and sold for $727,000 less than a year later.

NO idea where this is but there is nothing for rent for 500, not even one brs, So this post is very suspect.  

In Maui County you only need smoke detectors, no carbon monoxide. 

And, even if you could find an appraiser to do an evaluation, it's not clear how that would help you.As you state, the motel has been shut down for nearly three years, so there's no current financial data.But even if you had recent numbers, you're planning to operate it as a sober living facility, which I suspect is a very different business model.You need to find a comparable facility in or near your local market and develop your own customized financial analysis model based upon this particular property.Then, given your business objectives (cash flow and cash-on-cash return, I assume), you'll need to back into what purchase terms you'll need to achieve those objectives.Only then will you be able to determine whether these seller financing terms will work.As far as documentation to get started, a letter of intent (LOI) is commonly used but you might move straight to a purchase and sale agreement, particularly if no agent is involved.Whichever path you choose, just be certain to give yourself plenty of time to thoroughly perform your due-diligence.

So you'll have to show that you've made the payments on time for 12 full months (cancelled checks or bank statements to evidence debits on your bank statement to show payment).The 12 months of payment documentation will be required from the underwriter as a condition almost guaranteed 99.999%.Keep in mind what I am talking about here is if you pay an underlying mortgage that you're not obligated on and after the 12 month of payment you are "no longer," subject to the 50% LTV restriction with conventional financing.

There is no perfect software out there.

Hi I am no expert but I have been looking at Boston area for ~9 months now.