The list in nashville have all dried up or I am just out of the loop.

That’s all that matters.

While still small we have learned ALOT and would be willing to share all our information and answer any questions you may have.

Same with the HVAC , if its working thats all thats required .Did the roof look bad when you put it under contract ?

I appreciate all the help.

Quote from @Brittany Daubner: Hi all,Newbie here.

So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.

Thank you guys for all the input!

I have financed a number of STR properties and they will usually be appraised as a pure real estate as vacant value and a cash flow adjusted commercial value, sometime separated as going concern and real property.  

As long as all parties are aware of your intentions, go ahead and get it done.