He has ghosted us for days at a time and now he’s done it again but finally responded to text messages and said we need to find somebody else.  

It’s a valid concern, and one that I've faced many times.

Lots of us do what he does and do it better or better terms and more leverage I know I do. and no one can fund as fast as me LOL  by the time he is  done doing a deep dive into your fico and your PFS and verifying your assets I will have your deal closed and funded !!

I do have access to the following: - My primary with a 60k HELOC- A duplex with a 30k HELOC (taken some time ago...

The last time I did an apartment rehab was over 5 years ago, pre-covid for sure.

Like and trust can be a split second decision. 

I’d love to start a discussion on Risk Management in Fix-and-Flip Projects and share some insights from my perspective as a lender.Having clear and detailed loan agreements protects both parties.

And, even if you could find an appraiser to do an evaluation, it's not clear how that would help you.As you state, the motel has been shut down for nearly three years, so there's no current financial data.But even if you had recent numbers, you're planning to operate it as a sober living facility, which I suspect is a very different business model.You need to find a comparable facility in or near your local market and develop your own customized financial analysis model based upon this particular property.Then, given your business objectives (cash flow and cash-on-cash return, I assume), you'll need to back into what purchase terms you'll need to achieve those objectives.Only then will you be able to determine whether these seller financing terms will work.As far as documentation to get started, a letter of intent (LOI) is commonly used but you might move straight to a purchase and sale agreement, particularly if no agent is involved.Whichever path you choose, just be certain to give yourself plenty of time to thoroughly perform your due-diligence.

Hey all,   Like many folks here I've been interested in RE investing for a long long time. 

How can a VA be used to manage the advertisement and rental inquiries.