If it had provided payment history I might reconsider but they don’t so I pass.Ideally they would not be owner occupied, but I just don’t see the volume of rental performing mortgage notes on Paperstac to count on it.Due Diligence StepsValuationI built a model which allows me to enter in my proposed bid and see LTV, Yield, and ITV, and see the monthly payment on the loan.

Since the seller is open to creative deal structures, any recommendations on what I should propose?

Two items in my proposed budget already exceed your capex withholding.

Any Akron investors see the recent articles about the city’s new proposal?

I'm happy being diligent about getting a correct proposal paid off. 

Is there a way to propose this to him that we can add value to him?

If the seller is distressed and can't or does not want to sell via agent, they will likely be eager to hear your proposal.

The owners of this unit have also recently proposed a monthly fee increase to grow reserves, address repairs. 

Account Closed my numbers come from 3 places; we are interviewing builders to put up 2 homes on lots we own and that is the range we have in the 4 proposals so far.

If your tax returns are terrible, how do you propose to service the debt?