This letter was mailed to them, return receipt requested.

Send a postcard that has to be returned - that would also be easy to set up a false listing and a PO box.

Are the numbers below feasible and is my Cash-on-Cash Return calculation below accurate?

1 year tax return, but I think you have to show the business is 5 years old.

In MA it is very technical and frequently my buyers have the security deposits returned to the tenants in case they have not been held the correct way or they could become liable.A couple of times I have had to go back after the seller because the tenant was able to prove they gave a deposit and the seller said there was none so my buyer client was on the hook.

If he bail out, he would have to return the deposit plus 50k plus 30k renovations cost.

Typically the sponsor (you) still pay a preferred return to the investor and then if property makes more it evens out (called waterfall).

This will give you a good idea which deals make sense.Once you have a solid 15% or more cash on cash return you can find a money partner to acquire with you.Good luck and congrats on taking action.

Based on the returns being offered I would be extremely skeptical

In return perhaps I can be of some assistance with online marketing and video production.