Hi All,In 2021, I invested money in techArgi company called (GPCapital) by buying their Pod (container to grow cannabis).

We want to tie up the deal and show them that we're willing to do it at a 7.5% cap rate on the correct numbers, but we can't get the correct numbers until we're in contract and we don't want to retrade If the numbers were misstated (that never goes well in our experience).Has anyone ever written an LOI that says something like this:Buyer and seller agree that the purchase price is  calculated by applying a 7.5% cap rate on actual annual income and and expenses and any decrease in NOI actuals from the OM will be reflected in an adjusted offer price.Any ideas?

My primary focus is on gaining valuable experience and building lasting relationships in the industry, and I believe this arrangement reflects that.If you have any leads, suggestions, or advice to offer, I'd be incredibly grateful.

I have since revised those numbers to be more realistic and conservative and to reflect that this deal is now a BRRRR. 

I want the quality of my decisions to reflect my income.   3.

I am confident cap rates will evantually reflect current rates (a 1% to 2% spread over interest rates), or 6.5% to 7.5% cap rates. 

@Anthony Wick you could add to your lease that their usuage needs to reflect the usage of an average person.

Offering past tenants receipts reflects your commitment to proper record-keeping.

We were willing to deal with a below value appraisal (bring more cash to closing) on the chance the appraisal factored in the risks (the appraisal came in without reflecting the risk and reflected an outstanding value but I discount the appraised value due to the risks).Hopefully the finder, seller, and us all find it to have been a win-win. 

This incredible track record of providing great ROI is reflected in the current prices.