I feel I can negotiate the terms based on the condition of the property but should I be concerned about the existing wrap loan?

Looking to team up with contractors, agents, and anyone who's got their boots on the ground, especially since I'm not based in the U.S.Excited to learn from you all and see where we can collaborate!

Is the $775K inclusive of the closing costs, transfer tax, land, architectural drawings, engineering drawings, township approvals, legal fees, holding costs (during construction), realtor fees? 

Based on this, they will opine on the developability of the site and give preliminary foundation recommendations.

An agents motivation to work with someone based on receiving a higher commission seems unethical to me.

We made an offer based on what our down payment could buy.

I am based in Atlanta, GA and we are back to bidding wars!

We do not draw any income from the partnership outside of property management - 8% monthly per unit and one month rent for tenant placement.

Based on the information provided, it seems like this could be a solid long-term investment opportunity.

@Matt Taylor - Based on the purchase price, seller carry, down payment and current income, It seems like a solid opportunity.