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.

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

I am happy to start reviewing, but I will say sometimes I just down load them and listen later.But I will try!

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.

Quote from @Chris Seveney: @Matthew MorrowI am curious and not trying to start a war - but when you say you can see both sides - what is the side of a “wholesaler”I am not an agent but an investor - and I don’t see the legitimacy’s of wholesaling without a license.Chris, I totally respect your position.

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 believe the fire was started by a squatter.This requirement, as ridiculous as it sounds, was in the master commercial policy, a copy of which had never once been provided nor had this requirement ever been stipulated by the agency.

We are considering adding a roll under each sink to eliminate this request/complaint but thought it was odd after years of doing the same thing why we all the sudden had people complaining about only having one full roll to start?

I'd like to start actively prospecting for land and am looking for advice on strategies from those who have done this successfully.