He is going to sit tight and get his occupancy up to 80% this fall.   

This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.

To thrive in real estate investing, you must maintain a firm grip on your finances.

If things start getting tight, you can always switch to doing work for clients too in order to raise funds. 

The down payment wouldn't be minimal if your finances were tight.

Shayan, your West Palm deal is too tight.

Attorneys are very tight with title insurance companies so you won’t have to look far. 

One challenge was coordinating rehab work within tight timelines to minimize holding costs, but we navigated it by hiring a reliable contractor.

So if you make you buy box too tight, you will find very few deals that will fit your buy criteria. 

Because I'm not an accountant or versed in tax code and law wouldn't I want a CPA to ensure everything is legally tight and as advantageous as it can be?