Just out of curiosity because I’m new at this why do you think it would be a bad idea to wholesale fixer upper deals on the mls if the numbers were to work?

Out of curiosity we checked out both Airbnb and the Marriott Homes platforms for the same location and found an abundance of rooms, similar in size and capacity to a hotel room, in a particular location/building that was managed by a host, probably a PM like you.

Out of curiosity, is there septic?

just out of curiosity. 

I do have an honest curiosity as to what some feel the agent should have done?

I don’t invest there, simple curiosity.

That was a balloon and interest accrued at 1 year.

Out of curiosity, what are you looking for in a prospective partner? 

if it's due on the 1st, you're late on the 14th, regardles of when a late fee is applied...my tenants rent is due on the first, late on the 2nd, and law allows me to assess late fees on the 5th...i won't renew leases, if i have to continually hunt down my money on tehe 4th...sidenote: at my small bank, my mortgage is due on the 3rd, and interest accrues each day that i don't pay it..late fee would be assessed 10 days later

Right now I think you should be able to find some financing the conventional route should be available and due to curiosities of the market right now we're seeing private money money for investment properties (even 30 year fixed) are not wildly different than conventional non owner loans.