I know it's a long shot, but I'm currently having lawyers review the signed subscription documents to see if there's any way to minimize the losses here. 

If you're goal is a long term hold, you're almost certainly going to do well even with a market rate deal in any of those states.

Avery Carl's Book, 'Short-term rental, long-term wealth' How did you find this deal and how did you negotiate it?

For me and my goals, I focus on long-term investing in residential single-family homes in Florida and Georgia.

I’m thinking about 1031 exchange , the town is a sleepy town , the same contractors and good tenants don’t last that long 

The density isn’t there and won’t get there for a long while.  

The intention of this post was more towards asking a question rather than trying to find a note purchaser because I just started SFH and MHP investing not long ago and figured biggerpocket might be a proper place to post this question lol.

A couple of years ago there was an excellent long article on BP about all the things to look for and ask when interviewing property managers. 

If you are going to have this asset for a long time it'll be worth the peace of mind knowing its updated. 

It depends how long you plan on living.