@Rolayne TaylorI most certainly agree with Min, turn-key is a great way to continue to grow your portfolio. 

Agreed.

I agree!

I agree with it being a problem that was kicked down the road but if he had the discipline to fix the problem before trying to purchase another property, I wouldn’t be in this situation of trying to help him find a lender.

I agree with @Ashish Acharya if you're interested in reinvesting the proceeds into another investment property and your goal is to minimize your tax liability a 1031 would work out well for you.

I agree with the original poster.

You already seemed to conclude you are forcing this deal, I would agree unless there's a reason why this property will appreciate significantly in the near future and the 40 year amortization schedule allows you to hold on for that to occur. 

@Tayvion Payton - I agree with what most others have mentioned.

I'm sure that many of us will agree that just because you can get a bank loan, it does not mean you should.

The reason we were able to make the deal work was the seller agreed to take a percentage lump sum up front.