While searching we are lining up all the other items needed to have the STR up and running day 1. 

They don't need it to finish the rehab, they told me they would pay the rehab at delivery.Basic research on the persons doesn't yield much result but we don't have the same background check possibilities and tools you have in the US.In any case, I would have my local lawyer look at the deal before signing anything.

You should also consider that contracting costs are the same whether you are in a 400K property or a 100K property. 

Think about it this way: if the two companies were entirely separate -as in the owners never knew each other- would they operate the same way?

Collin,Well said and I echo the same sentiment.

And good luck if you're in the same boat as me! 

Does anyone have a software or method of getting deals that have been on market 180+ days?

Assess the application and approval process: Lenders with streamlined processes, like same-day approvals offered by California Hard Money Direct, can be advantageous for new flippers.Remember, the "best" lender will depend on your specific circumstances, including your location, the property you're looking to flip, and your financial situation.

You could be overlooking some knuckleheads doing damage to the place - I've thought about doing the same thing for my daughter in a few years.

The property is located in Denver's finest neighborhood, and the purchase was financed partly with my savings and a hard money loan that included provisions for construction costs.