If you are assessing all markers you will probably find better but if you have some connections or a reason to be here you can definitely flip here. 

The claims of 1hr to collect rent, produce receipts, and deposit checks also seems like a reasonable claim if done physically and not electronically.

By the way - for the same reason the 1st position lien holder will be uneasy with 100% CLTV, as a buyer I would be uneasy with it as well.

Buy in a market not too far away, 30 to 1 hr from a decent city center where values are reasonable and a city push out with help your rent and appreciation. 

We thought about doing seller financing for the $172K but it will likely take 10+ years to pay the full amount at any sort of reasonable monthly payment.

Reason being is that it allows you to invest in other products other than they offer, so that's why they don't promote these . 

I do want to thank everyone thus far on this journey the good and the bad feedback is the direct reason on my success so far and I plan to be great.

I like the property for a lot of reasons. 

Given the size of the asset, these won't be huge, but something to consider.REWARD - In addition to the benefits stated above, the only other reason I could see doing one on an asset this size is if you wanted to offset a property sale that would have a large capital gains. 

That means that there is now competition between hosts and you have to give people a reason to book your unit over another hosts.