Believe it or not, a lot of the older college dorms are built like this..they insulate fairly well...come to think of it, after i moved out of those dorms into a newer apartment, we would have competitions on if you could kick a soccer ball through the sheetrock, throw a baseball, etc.

However I did a lot of research (online, in stores and meeting with people) to get in the ball park.

But with 10 units, you're looking at commercial, and that's a whole different ball game.

By doing this exercise you might gain insight into what form of communication you need to employ on a day to day basis that will bring you success ,happiness, and a ton of connections.

If they don't just make a low offer and get the ball rolling.

We bought two properties in the last 24 months that had a similar scenario.the first was a foreclosure that sat for 5 yrs with a number of low ball offers being refused.It was $58,000 owed.

I agree with Option 1, however ill throw a curve ball.

The writers of these options can easily take advantage of tenants by making the exercise of such options nearly impossible such as in Melissa's story. (2) The pricing of lease options is too sophisticated for most people as stochastic partial differential equations are involved.

We have installed a 100k fence with security building and installed basket ball courts and tennis courts since we toke control. we have 8 years remain on the loan and its a fixed rate interest so we arent touching it + all 4 partners are under 50 and are loving the income.

Nobody has a crystal ball.