Try searching: Squatter Hunters!

Sounds like they are trying to structure a delayed financing loan. 

I am trying to calculate a valuation - I'm breaking down building value, updates, equipment / inventory and working with seller currently on gathering numbers in regard to the business over the past 3 years to come up with a valuation.

I'm not trying to second-guess your decision, I'm not in your shoes.

I'm trying to get a better understanding of how "Step 1" really works, details and all. 

I'm trying to get my first deal and in the prosses of educating myself.

Trying to determine if a cost seg study is worthwhile.

I am studying and trying to learn as much as I can.

I think due interest rates and lack of full master bedroom we can’t get it off the market .Any advice on what we can try? 

I am trying to find out what happens to the property if it doesn't sell at auction.