What are their nightly rates, occupancy and amenities?

The drop and Swap is about all we use here due to the confiscatory tax rates based on sale price.

I'm not a fan of complicated electronic locks because they have a high failure rate and are often very easy to hack.

I then blow their mind when I say yes if your client approves a land contract then I’m pre-approved, the point I’m trying to get across is investors are a small group of ppl buying RE compared to the end users buying at regular circumstances, mortgage, escrow, inspection, etc….. so for me to be efficient and do my business fast, easy, relaxing I became a realtor myself, it’s still Hard cause I have 2 or 3 realtors a week that only sell million dollar houses and ended up helping a friend sell a low priced rental area home and fumble at ever process or question I throw at them. 

Id keep looking if it was not an approved short sale ( even an approved short sale takes a very very long time and theres no guarantee that you will even close on the house after months of waiting). q1)There are plenty of non traditional lenders that could offer you construction financing if the numbers make sense but it will cost you with points and a higher rate.

I would find a loan officer that does both conventional and FHA renovation loans to compare which has better rates and terms for your situation.

Depending on the lender (bank or alt. lender) you have to look at origination fees....points, doc prep, interest rate, frequency draws are allowed/min. draw amount allowed per request, interest payments vs. interest reserve & whether interest reserve is capitalized to fully understand the true cash requirements.

You will be performing mortgage fraud by not including them on the list of contractors who worked on the property when the title company asks for the list of contractors.

By the time you factor in insurance and any cap ex....it's already a loser...even if you aren't carrying a mortgage.  

Many claim they do not charge a markup, but then aren't transparent with invoices, etc. 1) If a PMC charges $x hourly, their markup is built into that hourly rate as they are NOT paying their workers that hourly rate.2) Many PMC's send you ONLY their invoice, or from their wholly owned maintenance company, not the underlying invoices from Home Depot and contractors.