If you can sit on the sidelines and be choosy this requirement is fine, but you are going to have to kiss a lot of frogs before you find someone with that much cash on a wrap sale transaction...it may take 6+ months unless you advertise like a mad man3.

My chief complaint is the lack of communication and an actual project management plan... thats good news I know some lenders get pretty concerned when construction is so slow.. but sounds like a great deal and I know RTR will be there every step for you guys.. did not realize they were the conduit for this transaction.

They financed 100% of that transaction, and I took on a huge loan - a huge risk for a broke guy like me.

I think you will definitely want to talk to your lawyer because there may be items linked to this transaction you are not considering. 

Bought it as a safe bet thinking it would do roughly $35k annually in short term rents.

From day one they promote themselves as high-quality, safe, service oriented and experienced.  

You are also able to send client disbursements directly through the platform with their Forte transaction processing partnership.

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

Bottom line, make it so that you never need the seller again after the transaction is closed.

I see you've had the property on the market for a while, which must be frustrating, but what will it take to put a transaction together?