The company in #1 is essentially a giant wholeselling company.

And presumably, more money is better than less money.When you do a particular task yourself, the value of that task is essentially the money you're saving by not hiring it out. 

This would essentially be a JV deal where I bring the money and the partner would do the work.

I'm just going to come out with it: I see all of these investors talking about how they refinanced a property to essentially cash out and then get their money back to reinvest in another property.

Owning PM company is essential for Turnkey providers so that they are overseeing your investment and looked as more as partners and your real estate adviser as opposed to someone who did nothing but "sell you a house." 

@Brian Gibbons is right, there will be small boutique brokerages that will essentially let you do anything you want.  

Essentially, the terms I quoted in my first post were their "no doc" loans.

How much below is essentially your economic vacancy. 94% is physical occupancy, correct? 

Cut out ALL non-essentials and look past next Friday!  

One thing I should note is that this property is essentially a failed listing.