Sounds to me like an investor turned down the deal because after finding out the actual payoff, suggesting the numbers are not investor worthy.

If you are looking to be an investor then I would suggest you don't be an agent that is a poor mans game and it will make it way more difficult to find deals. 

I would suggest that you make sure your Attorney records the deed as well.

One on beds, one being laundered, and one clean set in the closet.Not sure about the infrastructure in that market but I did not see it suggested you use a commercial laundry. 

Like Jake Baker suggested, keep good records and have a dedicated bank account for your property, properly separating personal and business expenses.

Can anyone suggest Property Managers in the Columbia, SC market?

@Jesse Strengunfortunately I’m not familiar with property managers in that location what I would suggest is I would look up NARPM and start with them..Below are some questions I would think would be a good starting point for you to see who really treats their company like a business or a hobby.My business partner is a regional VP for NARPM and I am happy to help if you need anything please reach outQuestions to Ask prospective management companies* What are your average days on market for vacant homes?

So that’s what I’ll do as you suggested.

They started with 2 properties and are now at 15+...I would suggest you staet with a great property manager and go from there.

My one suggestion: do not conduct business with anyone (here or anywhere) without having your lawyer and maybe even your CPA reviewing all the paperwork.Also, stay far away from LPs.