If you are paying cash for the STR this seems pretty easy. 

Plus we had the money to pay one off if it got called and we did have a few get called ..

I will have to have money lined up somehow to pay him.

Update: I decided I will pay a $500-750 or so to do an initial hydro-jetting of the system. 

(It doesn’t pay its own taxes.

Subtract $2300 for one unit and they're paying $1400+expenses to live in a $2300 month apartment and area.

One question that you may not want to post here for legal reasons, is how much are you paying your PMC?

Pay attention to how professional and transparent they are.Avoid Pressure Tactics: Scammers often pressure you to act quickly.

Perhaps we "buy" the house from them for the $328K balance to satisfy the lender and don't need a large down payment and then have a separate contract with them to pay $x per month until we've paid the full $172K amount.

After collecting tenant pass-throughs for the year, do you pay the property taxes at the end of the year or the beginning of the next year?