Its no surprise that also took them a week to go and turn it off.I had 2 perspective tenants waiting for over a month with their national background check only to find out there were alternatives we could use to get a report in minutes but they refused to not use that company.Finally I get a tenant after 3 months on the market who is someone who was fully approved by the rent amount was 200 dollars less than market value a month so I agreed because it was just before winter when its harder to get someone in.

If they pass all of the checks and have the proper income then they have a shot at moving in.

You might find it useful to attend a meetup or two just to learn how other folks got their start into the industry :) I host a small/intimate meetup once a month in LIC, check it out here: https://www.biggerpockets.com/forums/521/topics/1214850-meet...

Ask me how I know.If funding is becoming problematic, then tell him to use that 50k, and when its 80-90% used up come back for another check.

Still no solution yet from them though after I check in every few days.

check out insuremybrrrr.com 

Also, private provider plan review is an option and reduces the lead time for getting a permit.You can check the status of your permit applications using the City of Cape Coral web portal, link below.https://energovweb.capecoral.gov/EnerGovProd/selfservice#/ho...  

Check out the new SDIRA book from BP and@Kaaren Hall, launched just last week!

If you determine that the numbers look good, make sure to check other sites to see if the comparable property is on multiple sites that may add to the numbers.  

I'd suggest checking local Airbnb/VRBO data or using AirDNA to see occupancy rates and average nightly rates in the area.