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Totally off topic but worth consideration, I rebuild wrecked cars, specifically avengers, sebrings and explorers. I try to buy two and put them together. Buying a parts car the same color saves a lot of cash. In the case of red at $52 a pint a red parts car is worth at least a 25% premium. $950k is a good place to start and he isn't going to sell what he has and move he will make you a counter offer. Place yourself in his shoes and what would you do? He isn't buying property to move. If I was in your position I would start at a position that would allow me to retire if need be. $500k free and clear cash would be a nice position to be in.
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