To clarify for either option I will go with a full tilt property manager because I will not make enough time to run all of the operations on the property so I'm open to recommendations there too. 

I live in Grand Marais, Michigan, where my family owns and operates Superior Hardware, our family business.My passion for real estate started when I was 7 and asked my mom if she could download the Trulia app for me on my iPod touch (remember those?!).

I got tired if that routine and went and found a smaller tax operation where my first question was -“ I want these filed on time - Can you do that?

It's great that some ST rentals have a 6-month waitlist but that's the case in many markets and these listings are in the minority and most likely run by experienced short-term operators.

@Bruce LynnMy first question is - does the operating agreement allow the sponsor to do this?

It will take some additional capital to run a successful wholesaling business, above the capital required for marketing, operations, and admin.  

We'll operate that as a STR and expect it to generate $4,000 - $5,000 in gross monthly rents.

But looking at the scale of the operation I also understand he did not have another choice - tractors were not invented yet.The transition will not be quick and it will not be painless.

Based just on your DSCR calculations, it appears this property is significantly under-performing, or if it is operating well, then it is significantly over-priced.If your plan is to reposition the property, then you need a bridge loan or private loan to acquire and manage the property. 

Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors’ rights law, that the transaction vesting the Title as shown in Schedule A is a:a.