At this stage, if you haven't heard much from the PM, that means your place is faring way batter than others. 

If not on the MLS, be careful if the home is in the pre-foreclosure stage, in other words, if their lender has started the foreclosure process (takes just 3-4 weeks in my state), in some states it is illegal to take a property 'subject to' the existing financing, so check with your (or more than one....) attorney on that.

Perhaps you can arrange a virtual meeting online, which can be less intimidating than in person. 

From another post of yours it seems that you are at the very beginning stages of your real estate career, still looking for capital and learning the ropes.  

Rents are usually set at the beginning of the lease, unless its kind of a month to month arrangement. 

2)   Assuming #1 is true, it seems the QI arranges a loan using the $1M proceeds as collateral, and the loan proceeds are given to me correct?    

I think when you're in this awkward middle stage you have two viable options. 1) Find  a good property manager that can handle that kind of portfolio.

They get paid in stages or when the work is done. 

Also, don't accept partial payments or make payment arrangements as it will reset the clock on successfully filing an eviction.After they have received the notices and there appears to be no resolution regarding bringing the account current, file eviction.

Springs is in the bidding war stage, and Pueblo is only 30 minutes south of them.