Troy - I'm assuming from your two posts that you don't really care if people have been involved in the pre-development thing, but instead wanted to have the opportunity to have a few commercials for your group.

Assuming you have a pitch of a standard way you like to buy then explain to them what you are proposing.

There could be other assumed obligations (heating, cooling, running water, safe electrical when dealing with a rental and you are the landlord).If you want the ability to buy something in the future but not the obligation you are talking about an option.

I've never actually used excel or anything before, assuming that would be the typical program for setting that up.

Assuming you are a major city in N CA there will be regular meetings.

Then assume this is a dead thread so that no one else posts here.

Mike would assume that the expenses are $450 so can the mortgage be covered by the remaining $450/m?

Of course, this assumes you are obtaining credit reports in a format that includes sufficient data fields.

Of course, this assumes that the operating expenses for the commercial space is only 1/3 of the gross rent and that all the units are occupied, which is not the case.

First of all, I assume that the landlord, with characteristic incompetence, is not going to send a written itemized list of damages within 30 days, as required by PA state law.