Start sending your sesume to all the big commercial PMCs in your area.You could also try residential PMCs, but they typically pay less.

I'm starting to turn bullish on the Gatlinburg area again.

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.

While that is in the works I’d like to reach out and start networking with locals and get in to the wholesale game.

One deal is just the start, with 1 or 2 properties there will be more highs and lows, but once you acquire a handful or more then things even out.

Might be worth just starting with Quickbooks if you plan to use it for other properties beyond your commercial property.

The cash out does depend on a few things like neighborhood appreciation with strong sales or renovate and refinance on the ARV (After renovation value).When you buy a 2-4 unit you get to use the rents of the other doors as income to help you qualify.

Hi all, I'm getting started with mid-term rentals (~60 days) and trying to understand how the Pinellas county transient and Florida lodging taxes work. 

But you use the calendar and the cases provided on the calendar to look up the foreclosure on the county clerk's website to start to get an understanding of who is suing, and what is owed on the property.Who is foreclosing is key to understanding foreclosures.  

I’ve started putting everything to Inventory, but don’t have a ton of transactions yet, so I figured I still have time to change my approach.