On our proforma, we projected a 15% vacancy and recover to 10% in Year 2 onwards.

Bullets are a little harder to recover from.

An investor that had bought at the top of the market pre 2008 crash in Indianapolis or Kansas City would have recovered any loss in value in 5 years and today would own the property free and clear and have their equity and great cash flow for their retirement.

There was no way I was getting anything out of them and didn't want to spend the extra money taking them to court.Hopefully you can recover some of the money, or at least have the comfort of knowing it's on their record for future rental applications that require background/credit checks.

A quick search of the IRS website should help you identify which closing costs can be expensed, which must be amortized, and which are added to your cost basis and recovered through depreciation. 

Said another way would the portion of the loan be able to be recovered by us?

But, they had cash flow so I was under no pressure to sell.   5,6, 8, 10 years later, they recovered all the value plus. 

In such an instance, assuming no assignment, a seller would typically reduce its purchase price by the amount of the claim that it stood to recover, in order to put the buyer in the same stead that it would have been had no loss occurred.Now, let’s assume that the seller did assign the claim to the buyer, the buyer would have the right, per the assignment, to collect the proceeds of the claim and make the repairs.

If you want to recover all your up-front cash or want a substantially higher return, you're going to have to work for it, probably involving some rehab.

How do you recover?