I have reduced the rent by $200 a month as a winter-teaser rate till July, and will see how this goes:-) Sorry for not being able to thank each one of you individually -- I really appreciate you taking the time to help out a (frustrated) small investor! 

Hello BP.I have a individual that is interested in funding one of my projects as a private money deal, but they have concerns about the paperwork and tax documents being a serious hassle.

But I always have more contractors in all my houses than any one individual motel. 

Every property is unique and you can somewhat calculate capex in todays dollars. 

Note that if purchasing as an individual, a seller finance deal with a balloon is a big Dodd-Frank no-no.

I have not done so, but I have negotiated this with an individual as seller when the final walk thru (outside of the inspection period) revealed damage that had been hidden by the occupants furnishings during original viewing and inspection period.

The answer is that that is the only politically acceptable way to do it without charges of bias, profiteering, discrimination, etc.Ironically, the wholesalers are doing what the real estate broker can not do, using a net listing, pricing the product individually by time, effort and demand.  

How should we determine the ARV of this unique home?

Now my loan broker is saying that he can’t find an appraiser that will appraise the property because it’s unique in the sense that it’s 3 SFRs rather than a traditional 3 unit building.

The first thing is to check with the city or county to make sure that you have three individual lots that can be built on.