It looks like you can use a 203k loan for new construction to reconstruct on an existing foundation.

IME (in my experience), you would charge a fee (say 50-100 basis points) to the banks/investors, often times based on the either the commitments or the outstanding balance of the fund. 

Would your STR business even exist without Airbnb?  

I know I can easily find a qualifying tenant who will pay $1,000 per month if I don't renew a lease with the existing tenant. 

As a negative, it also has the largest gap between the cost to buy versus the cost to rent, making cash flow extremely difficult without committing more equity up front.

So, if you put in 20K, you could set the bid up to the amount of the 100K total debt(80K existing + 20K additional) to ensure that the property reverts to you as the lender.

Requires some pre-planning if the ceiling height exists. 

It will co-exist with other "new" payment methods such as google pay, apple pay and credit card etc, because the target customers are different.

@Peter Mckernan Love the way you did that deal and agree that those deals exist both on market and off market you just have to be able to look for them in an effective way and add creativity. 

They tried to gaslight me rather than committing to doing better.