Those types of situations require MASSIVE time and effort to get performing again.I might buy a business myself later this year.

Basically, an assessment is nothing more than what a municipality decides a property is worth in order to tax it based upon that value.Additionally, although cities and towns are mandated to perform assessments regularly (in CT they're supposed to update assessments every 5 years), that assessment can still be quite old and outdated.

I use an equity raise because it allows me to focus on the project and those that invest profit more the better I perform.

In this case, you would continue to collect rent, but they would have a set option price that they could exercise at some future point.  

I would almost definitely be starting out with the more passive performing notes.

Does it vary with performance (where performance is Performing or Not - no in between needed)?

.; and Purchase and installation cost for a key and lock.IREM Chapter 4 recommends that our property management colleagues perform a thorough evaluation of all leasing and marketing materials.

If the price is right for the area, then determine the quality of the cash flow: is the building under-performing?  

@Ross GillYou may want to look into a Master Lease Option strategya. find a mom and pop "poorly performing" apartment buildingb. offer the low "NOI" as an option to purchase pricec.

I would figure out what path will generate the largest profit (or smallest loss) given an amount of effort you're comfortable with -- then do that.Of course, this is something that you should have figured out BEFORE you placed your bid...what makes you think the deals are profitable if you haven't gone through the exercise of analyzing them?