What's the plan with the property?

If you conduct yourself as a serious investor truly looking to work with that PM than they will likely help you through the process, especially if you use them as an agent.

When we did the walk through guess who they asked questions to? 

And use the other $50K as a down payment on a $250K property. 

The differences lie in how they aggregate, update, and present the data.

Signing the lease demonstrates they agree to the terms and then you can hold them accountable.If you don't do this, then the person named on the lease and paying the rent could disappear and you would have no legal authority to charge the remaining three for unpaid rent.

I wish all the STR owners luck.

My biggest concern is the basement.

HI @Kaushik SarkarI would suggest going to the top of the page under LENDERS and then answering a few questions and from there you will be connected with 3-5 lenders and you can discuss whatever you want there. 

By donating the owner will have the money they want.