Yes your advice aligns very well with what I read in David Green's book on Long Distance Investing which was very helpful.

Usually in my experience that tends to come back higher, aligning with the comps, after the actual renovation was done. 

The operator's track record may not align with your goals (you are long term cash flow play, they are sell and redeploy, or vice versa).  

Accepting this deal aligns with your goals of scaling sustainably.

Also, you should update your NAICS code as well to align with your new name and business focus.

However, if lower interest rates and longer timelines align with their goals, traditional banks might be the better fit.

.-- This doesn't really align the PMC's interests with the owners:(Regarding why it's taking so long for your PMC to get your property RentReady - how are they making MORE money by taking longer?

Consult a CPA to align the choice with your retirement goals.This post does not create a CPA-Client relationship.

It’s all about aligning it with your long-term goals.

This balanced approach meets your financial goals, diversifies risk, and aligns with your preference for conservative real estate investments.This post does not create a CPA-Client relationship.