Perhaps focus in on why you haven't been able to strike a deal to buy the preferred asset and strategize what must change to make that a reality. 

And what company/bank do you think gives the best opportunity/deal all things considered?

I think you're gonna see a lot of deals underwater trading before year end, with banks trying to clean up their balance sheets.5.5% with 25% down is a very competitive rate.

Welcome to a new section where we explore weekly deals in vacation markets around the U.S. using the BiggerPockets Short-Term Rental Calculator.

As @Robin Simon noted this deal is going to be too small for most DSCR lenders as their min loan size on these are $250,000-$500,000If the property is not rural and you need to do a DSCR based loan, I have an option with a minimum loan amount of $100k however the rate will be in the double digits. 

Buyers are taking advantage of opportunities, with the median sale price increasing by 3.2%, now sitting at $640,000.But cash deals are down—just 21.6% of homes were paid for in cash, a 22.8% decrease from last year.

The challenge is I'm out of state, so I can't physically deal with incidentals. 

Secondly you have to be very quick and know when it is a good deal.

Partnering for larger deals can help buy larger properties.

First, **reliability and speed** are crucial—hard money loans are often used for time-sensitive deals, so you want a lender who can fund quickly.