I dont want my money tied down for that long.

In my state, if you do that, your personal name and info aren't tied to the business records in any way. 

I concur with Jay: it's all in the discount and $100k doesn't cut it.My 2 cents,Mike

As you probably know commercial lending on CRE is not the easiest task right now, then add all the complications to it...foreign buyer, new LLC, new bank accounts, etc and that probably cuts out a lot of lenders who will be interested.Also find out what their goals are to determine if what they want is even feasible. 

Finding another contractor, cutting costs somewhere in the job, and finding cheaper money (doing it all cash). 

This sounds like your situation, Brody.It may be easier and more convenient to find one lender that provides both the purchase and rehab funds but don’t feel that your hands are tied.

Would rather have these renters than my buddy’s who used a chainsaw to cut the sink out when they left.  

If the companies are large enough, and can tie down enough real estate at low prices to make them work, it can be profitable. 

You’ll also pay transaction fees disposing the asset, likely in the $40k+ range.I don’t think you have a clear-cut answer here, but you’ll need to rack up all the financial trade-offs to make an informed decision.

With short term rentals, you tend to take a larger cut as there are many things involved in the day to day upkeep, think 12-25%.