To get a crash course in tenant screening and local tenant landlord laws I'd recommend going to a local REI meet up. 

I have found my private investors by the following - personal friends, local meetups, real estate conferences.

Giving me the opportunity to better provide for my family and give back to my local community!

We have a local STR organization that has filed suit against the STR quota implementation.   

you would do the public good to file a complaint with the DRE in your state and send the fact pattern to Insurance commissioner filing a complaint against the tile company .. and send to the local DA and AG.. 

Areas that have been good 30 or 50 years ago are still good today.One wildcard though.The city of MKE has initiated a projected called GrowMilwaukee, which is based on the majors vision to increase population (for fiscal reasons, more people per square mile) and they have identified the lack of midrise mixed use districts - they call it the "missing middle".

I was at a local meet-up last evening and one of the folks recently purchased a list.

For $1-2k per month operators can generally hire a dedicated local 'Superhost' or experienced local manager/cleaner while enhancing the quality of services rendered.

Aim for a $75,000 ARV to play it "safe".As far as private money you would probably have to find someone local that knows the area and wouldn't have a problem taking ownership of a property like this if things go sideways.My guess is you'll have a tough time finding an individual that wants to loan on it. 

"Subject to" is more of a wholesaler thing preying on vulnerable populations, though, isn't it?