I will check out the spreadsheet and look into it with more details on this deal!

However, without knowing all the details I'd say you're probably fine.  1. 

welcome Jordan...there is a great rental property calculator on bigger pockets to help you run those numbers in even more detail.

I loved the idea of the specific room templates for rehabs that comes with detailed supply lists and links for where to purchase each item at discount prices.  

I would love to get your lending details once you've set up shop.My contact info is in my signature and profile page.

I would be curious to know the details of this offer.I shall assume the following - correct me:The seller has owned the units for a long timeThe units are in need of work and managementYour option is for less than 3 yearsYour are responsible for taxes, repairs, management, violationsThe owners receives a net monthly payment, regardless of how much you are able to collectThe seller has been unable to sell them for a long period of timeThe seller is over 65 years oldYour option price will be below market valueYou are paying all closing costMiss a payment and you violate you optionThe units are 15% vacantThank for sharing,Charles

PM and I can give you the details.

Inbox me for details

Nothing you need to do other than bring them your deal so they can get a title search going and then they'll handle all the details of the closing for you.

In the scenario you described, you would hammer out the details, then work with your attorney to wordsmith the agreement.