If they are truly broke, I would not spend anymore funds and learn from my mistake in doing this deal without asking an important question and/or hire an outsider who'd  investigate for your safety.Good luck to you!

No permits were drawn for this structural work as required by california building code.Further investigation of the foundation leads to $65,000 worth of work needed, with engineering required to be warranties for life. 

A few of the nonprofits involved are also being investigated by the IRS.

Risks: you might want to investigate risk factors as safety, theft, infra structure of the land etc.In overall, as first STR investment I would stick to a single family home located in a secure and established neighborhood. 

We are an established real estate development services company seeking a contract worker who can assist part time in finding development sites for our consulting services clients and for our own account.This person will be given defined areas and specific criteria for sites, and will be responsible for searching online listings, contacting brokers, investigating off-market opportunities, and using other methods to find sites.Anticipated assignments will include multifamily sites for both affordable and market-rate properties, single-family renovation and new construction, and others as may be requested.Pay will be $15-$20 per hour depending on skills and experience.

So I recommend to investigate ways to find off market deals.

So I went into investigation mood... turned out to be a scam.

Upon further investigation found out there was a third door to access the basement from outside, unfinished 1200 square footage in the in the basement, newer roof, detached garage I think the comps are low.

The owner still pays all utilities separately from the management services fees.Until you interview a few property managers and investigate their scope of service, you won't know how much to include in your cash flow analysis for property management.  

I need to investigate this more as it might be an option to development rather than BRRRR@Andy W.Andy, I have been researching mostly the greater FW area.