The other investor may be bleeding money and they don't even know it.

Let the 5 days pass and have the next step (Sheriff?)

And 5?

These employers frequently attract new residents and create a steady influx of good quality renters and prospective tenants. 5) The Albuquerque metro area and Central New Mexico enjoy over 310 days of sunshine and a mild climate year-round.

So you have to have a great property and manage it well.

How many times did you reach out to Roofstock and to the PM company? 

Then you can take them off-site yourself so you have time until the next changeover or create another option for the cleaners that they go back and finish the sheets and store them so their changeovers will be easier as well.

In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.  

My background really comes more from construction and development in residential and retail construction.

curious how do they structure a note purchase that is not all cash. did they already own the note and just sold the note to you or something ?