Once you elect to go the s-corp treatment route you are stuck doing it that way, at least for several years I believe.

The simple solution most of these operators ignore is to take title.

These solutions cannot work long term with a high occupancy rate, but a great solution to reduce barriers to entry.

Tile in an earth tone color, is a final solution installed properly.

You will pay a premium and they are definitely not a long term solution, however, if it helps you to avoid losing another deal like this it may be worth it.  

Hard money isn't meant to be a permanent solution.

If you can answer these questions you may find the solution that gives you the best financial step forward.

Colission damages are one issue, but liability, that one could put you in the poor house big time if the insurance solution is not iron clad.  

Seems like a good solution as long as the current tenants meet your criteria.

Hope this helps you on your journey, feel free to reach out directly if you have more questions: > Pool/Spa services (if applicable)>HOA (if applicable)>Gas, Electricity, Water and Sewer>Any software solutions you use to manage>Cable/Internet>Snow Removal>Supplies (TP, coffee, etc.)