I see a problem with a lot of saturation in that area, and I can imagine that it is very difficult to stand out, and anyone that does operate one of those condos, would you do it again, or would you try to get a house next time? 

Lots of us do what he does and do it better or better terms and more leverage I know I do. and no one can fund as fast as me LOL  by the time he is  done doing a deep dive into your fico and your PFS and verifying your assets I will have your deal closed and funded !!

And, even if you could find an appraiser to do an evaluation, it's not clear how that would help you.As you state, the motel has been shut down for nearly three years, so there's no current financial data.But even if you had recent numbers, you're planning to operate it as a sober living facility, which I suspect is a very different business model.You need to find a comparable facility in or near your local market and develop your own customized financial analysis model based upon this particular property.Then, given your business objectives (cash flow and cash-on-cash return, I assume), you'll need to back into what purchase terms you'll need to achieve those objectives.Only then will you be able to determine whether these seller financing terms will work.As far as documentation to get started, a letter of intent (LOI) is commonly used but you might move straight to a purchase and sale agreement, particularly if no agent is involved.Whichever path you choose, just be certain to give yourself plenty of time to thoroughly perform your due-diligence.

I do have access to the following: - My primary with a 60k HELOC- A duplex with a 30k HELOC (taken some time ago...

The last time I did an apartment rehab was over 5 years ago, pre-covid for sure.

I am a BGSU grad, full time real estate investor and owner of LPG here in Toledo.

“Every person licensed pursuant to this chapter shall include his license number in: (a) all construction contracts; (b) subcontracts and calls for bid; and (c) all forms of advertising, as prescribed by the registrar of contractors, used by such a person.”Only times I’ve been given some excuse on this, the bidder was not a licensed contractor, while claiming to be such.

The jailed brother makes the most income, and I assume the other two would have a hard time covering the rent each month. 

Also, can you advise on what kind of insurance is best for a (first time) landlord?

Despite the headlines, these areas of Mexico are incredibly safe and highly protected by the government to ensure a steady flow of tourists.