It's difficult to see how a tenant will be after screened and signing a lease.

If the signs point to selling, consult your CPA about the tax implications.

Most victims of this company are now broke or worse, they are looking at the fall out of signing in full recourse loans that have been foreclosed.

I know some landlord's show up with something for them to sign or fill out that they previously (on purpose) forgot to give them, but you could also just be upfront and say a visit is part of your screening process - you check the condition of the rooms to see how the unit is being taken care of.

I understand the seller wants to move froward, but if they are not willing to give you information on the asset that you're purchasing, that is certainly not a good sign. 

It's difficult to see how a tenant will be after screened and signing a lease.

Gather emails with something like Stayfi, use a qr code to have guests follow you on socials or leave their emails in a sign up for discounts coming back, use a Meta Pixel on your direct booking website or landing page and then do a retarget ad campaign to them, offer "Family and Friends" promo codes to guests when they come back through an auto message a couple of weeks after they have left, etc. are some that I use.  

@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.

They then decided to scale, hired Joe Namath as a spokesperson (I know, right there that’s the sign this was headed for disaster) and went around the country drumming up interest in investing in their newly formed REITs.

When you’re investing with leverage, I think it makes more sense to do it in a market that’s showing plenty of signs for growth.