@Kyle Cox  I plan to get up to Nashville soon, while I am interested in the locally market and what opportunities are left, the nature of my visit would be to open up a second Gus's fried Chicken franchise.

I also believe enough people inherit properties and then sell to keep some inventory on the market but with tight inventory prices will be high by nature.

The most natural thing to do would be to put together a comp sheet on competing opportunities in the area, but the number of competing opportunities is small and highly variable both in terms of characteristics and cap rate (an inn/bar/restaurant with some residential units attached, a mobile home park, a couple run-down 4 unit multi-families, etc.).

I also found the Building code on their website:Departments - Planning and Building - Building services - Construction codesTo be considered a legal room, many cities ask for 6'8" (6'4" under ducts and beams), a natural light source (window), and a closet.

Because of all the prohibited terms and its very nature, it is deemed discriminatory. 

Naturally this deal is gone but i dont want to miss out on future deals.

It’s just the nature of the game.

(Very, very, very, unlikely to happen)Assuming we design to meet the Zoning requirements, the rest is all ensuring the design meets building code regarding access, natural light & vent, etc.

Think if this: if a partner gets cancer, does the other partner need that money before or after the other partner dies?

This was Mother Nature that brought unusually low temperatures and killed a plant that wasn't well-suited for such a low temperature.