And remember, we nerf'd down the actual market rents on this.

Hi Travis, I'm also in the market for new house insurance for my rentals in the city.

I know the 3 BR unit is under market but he's a long time tenant and does a lot of work for me. 4.

What are the market rents, appreciation YoY, rent growth, etc. 

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.

The company is strategically closing underperforming locations while scouting new sites, aiming for a balanced approach to growth.Finally, Jack in the Box is expanding into new markets, including Georgia, with plans for up to 45 new franchise commitments in the Southeast.

Preliminary priced from $100,000 to $199,000 for the California market, this home will make an impact in affordable housing juxtaposed helping Californians reach the American Dream.What made you interested in investing in this type of deal?

Side note - he'd be better off if his tenants were scared off since they are paying far below market rent!

While secondary market loan servicers do not really intervine when a problem poped up, we did, to the extent of paying off any loan or obligation or restructuring it.

Leveraging our strategic approach and market knowledge, we successfully sold the property on the same day for $143,000.