I'd start by assessing their performance - compare the actuals to the airdna / bnbcalc projections, assess the ratings and reviews on the listing.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Compare what he will charge to build for you as a client and then bring up the partnership and see what the difference is.After that, run the numbers on what his townhomes across the street are selling for or what they expect to sell for.

@Ayyoub Reza what research have you done on this competing property to determine how it compares to yours?

Now that I've been able to build a portfolio I get a little more enthusiasm from agents compared to when I started.

For comparison, a DSCR loan with 25% down, 3-year prepayment penalty and a 0.25% credit also prices out in the mid 7s (but requires a much larger down payment compared to owner-occupied).

For instance these are what I call executive properties with many top of the line extras, in a prime location, and they were compared to older out of date homes in areas that are ghetto and gang infested.  

Wholesaling can be a bit of a different beast compared to buy-and-hold strategies, but with your background, I'm confident you’ll pick it up quickly.I’d be more than happy to share some insights from my own experience in wholesaling or answer any questions you might have.

Stable tenants.I'm considering a mid-term rent-by-the-room strategy, which works really well with the demographics here, and it increases cash flow compared to renting out the whole place. 

I was just comparing what your syndication would look like using the figures you mentioned with the typical US syndication and assumed that the returns would be lower.