In many cases the mortgage company writes off the loss or goes after borrower depending on if they have other assets - if they do then they are gonna be coming after the owner

I’m guessing some people wouldn’t love the feel of a cold floor on their feet getting out of bed first thing in the morning?

I hired a GC to manage the build out, but there has been no consensus on who is responsible for the utility payments (Water and Energy). 

(Not on the local MLS) While in Nashville at a doctor appointment, I guess the algorithms were in my favor and it appeared on my phone.

I would also prepare to sell it on the used marketplace but if you absolutely don’t want to go that route then I would recommend getting it included in the purchase upfront (but still use it as a bargaining chip first).3) marketing: the best target audience is going to be a savvy house-hacker for a property this style.  

Hey Ismael, When structuring seller finance deals, you essentially give a bit more on the purchase price but get good terms.

You can check their insurance coverage, any active lawsuits they have, their workers comp rate (how safe they are on the job site), and other metrics.

There is a billboard on site with lease in place. 2.5 acres total with outdoor parking and room for expansion.

I would recommend checking out the BP calculators and basing your spreadsheet on that.

Can someone recommend any advice on anything (setting up partnership structure, accounting/ setting up a bank account , lending with foreign investors, sourcing deals etc…).