Of course you could do both, depending what kind of capital you have.

In short, I want to learn about how to draft my strategy for my region for value ad investments and find team members that I can trust and depend on. 

It depends on what you are trying to do.

I would think it depends on the company, and their tolerance and experience with it.

The following are some reasons why a property owner may choose to enter into a long-term lease with an MTR operator:1.

.- The reality is this depends on each individual caseworker.

It depends upon how negative you think you're gonna go.I wish you luck.  

Just from the little you wrote, it's pretty heavy on the red flags. 60 days on the market (depends where this is whether that is a lot or just fine, but definitely overpriced at this many days) plus no sold comps.

Depends, do you want to "Gamble" your rent payments?

This of course depends on your starting bank roll - but if its like mine (under 100k) - Im trying to put as little as possible into it on top of initial equity and fees.this will likely chew a big hole in your ROI  (now if you are looking to improve value with a cash out refi or a great prospect comes along that needs combo new plumbing, roof, windows, foundation repair, etc - well just make sure you know what youre getting into and/or have a good contractor and finger on the pulse of the market when estimating the ARV YOURSELF - couple missed items and you risk having a bad first investment and not doing it again).    7) dont be scared be ambitious ( i should heed my own advice sometimes) 8) define numbers goals within your target areas.