.- The management company offers a hands-off approach including coordinating and managing repairs, getting the property rent ready after a move out and placing a tenant from a pool of applicants that may be waiting for a property to be ready.

So, coming back to the trap I mentioned in point 1 above, if I were those people, instead of providing content that's already available everywhere, I would focus on being the best possible real estate agent and then shamelessly advertise my services.

I have multiple applicants that have applied. 2 look promising but both want to wait a month to  move in.

I don't want to get into specifics but we passed on the property for a couple of reasons you mentioned.

Juan Mendoza International standards, Fannie Mae, FHA make no mention or requirement for a closet.

@Karen SmithAs jay mentioned private lending has been around forever and it’s really not on the rise - I think it’s always been a large player in the real estate investment space for short term loans.

Not to mention what is your opportunity cost on that? 

In the meantime, the funds have been reducing or suspending distributions to pay for value-add, cover increased costs, and to prepare for any required refinancing.So it will be a balancing act of dealing with the increased costs, managing refinancing, continuing to add value while waiting for valuations to rise significantly (partly from value-add, partly from lowered interest rates) before exiting.Disclaimer -- not advice, just some perspective on what's happening.  

The other option I have not seen mentioned yet is finding a corespondent who can originate for you.

It has been very challenging and the property sat for 3 months waiting for the claim to be processed.