Truth be told, your lender should have looked at the property up front to see that it is an illegal triplex zoned as a single family prior to you going under contract and told that you that it wouldn't qualify for conventional financing...

Anyways, here's what I've came up with:++++++++[TODAY’S DATE][RESIDENT’S NAME][STREET ADDRESS][APARTMENT NUMBER][CITY, STATE/PROVINCE ZIP/POSTAL CODE] Re: New Landlord Transition LetterDear Mr.

According to Opendorse:The collegiate NIL market is projected to grow by more than 40% this year, with an overall estimated market spend of $1.67BThe collegiate NIL market is projected to eclipse the $2B mark in tandem with the highly anticipated revenue sharing slated for the 2025 academic yearIn the commercial segment, Women’s Basketball is in the number two spot for total compensation, second only behind FootballBy 2025, Top 25 NCAA DI quarterbacks can expect to net more than $1.3M annuallywhen factoring Scholarships & Benefits, Commercial NIL, Collective NIL, and Revenue Share paymentsCompetitive collective budgets within Power 4 conference are up 50% YoY, amassing to a war chest of $13.9MWhat schools have the top NIL Budgets?

If this were an apartment complex, you would have full rights to camera up the common areas. 

I had several other investors lined up interested in this deal...

There's a lot of opportunity for that in the Highlands area of Denver with some of the older larger homes there and also in Arvada because the hills make it so that some basements are walkout and can easily be divided into an up/down duplex. 

As far as estimating goes I would look up furnished finders report to give some insight, combining that with other places like Zillow and other long term sites. 

I went back to see if I was doing anything wrong and those numbers line up within my excel sheet so really wondering. 

Purchase price: $204,000 Cash invested: $30,000This deal was an almost brand new construction in an up and coming area on the outskirts of Houston, TX.

Apologies for how long it is 😂Background - I have put a back up offer which looks like it will be accepted when the current buyer doesn’t meet the negotiated timeline  to close on a deal which was 2 small single family’s 2bd / 1bth recently fully renovated being sold together on a parcel.