I purchased AT&T phones and intended on switching from T mobile only to find out I would have to pay off all my brand new phones at T mobile and take a few hundred dollar loss along with putting out almost $3,000.

We drew a hard line and gave him 48 hours or Option 3 woudl be where we are going.The question is . . . does anyone have any suggestions on where he can get the money to buy it back in light of him having a foreclosure against him? 

Units would likely be 1 BR and 1 BA, with early to mid-2000s appliances I could upgrade after a time.

I do believe I could add value with very light cosmetic upgrades and a central HVAC system which a have a good friend willing to do at a great price.

Here are some important things to consider:- I am pretty much at capacity running my RE business, so I don't have a ton of bandwidth to do it all myself- Let's presume my opportunity cost is such that pulling away from my RE business to "do it all myself" for these rentals is not a good use of my time, as I'd earn a higher dollar per hour being the CEO of my RE business than the dollars per hour savings trying find off market deals (I.e. saving 20k and trying to do the rentals myself would cost me more than 20k of lost opportunity cost by pulling my attention away from CEO level tasks at my RE business, which might generate 40k of revenue for the same time)- By the same light, turnkey could be an option, I'd be willing to pay the turnkey premium for the time savings of finding and vetting my own deal, however I know I'd still need to underwrite my own deal provided by a TK company, so having someone who can help that underwriting process would be super valuable, rather than me trying to learn from scratch how to properly underwrite the deal.

Never thought of the early termination clause.I'll reach out to their corporate in the hope of pointing me in the right direction.I will actually need to connect with 4-6 corporate brands as we have enough space to build that many units.

Bathroom:-Sink, tub, floors, paintThroughout:-Paint, flooring, lighting,etc, Deep cleaning.I know this is a very rookie question but it would really help me to understand if I'm implementing the correct numbers to bring me to the correct ARV to make better offers.

Simple things like paint, light fixtures, new fence, land scaping, paint cabinets with new hardware.

I am also brand new to all this forum stuff so go easy on me. 

The extra 1 BR and 1 Ba come from existing space.