Dealing with this now... 3 business days without a response.

I was planning on using them to fund my next deal. 

I'm going to guess they are also managing the place and are taking you for a ride-they either sold you something that wasn't turnkey or they are bilking you for repairs.I'd go and tour the properties yourself, hire your own inspector to go through and do an inspection and then get repairs done or sell if you don't want to deal with it and get rid of the PM (assuming they are connected with the turnkey company you bought from). 

Whenever I come across these type situations and if I still want to do the deal I have the borrower sell the property to me for the loan amount and allow him to buyback the property if all payments are made and the “loan” is paid off.  

The property is in a good area and potentially a good deal, however, the piers are the question.

I have worked a few wholesale deals and could ask for template.

I also found a more experienced investor to partner with on this deal so it was a great way to learn and prepare myself for owning my own property.

For sophisticated sellers with highly marketed deals, invest extra time in thorough due diligence.Next, assess the property's condition and estimate renovation costs.

Our team helps a lot of out of state and out of town investors find properties that meet their needs (usually parking equity after a 1031 or moving equity from other real estate investments in other markets).Cashflow obviously depends on your LTV, but I would say the days of cash-flowing on an 80% LTV deal in this area are long gone, particularly with increased insurance rates and inflated operating expenses.

If he has a business entity in the United States, his deal should qualify for private money loans.