Financing terms should have been taken off the table by matching debt term to cash out period.  

We keep all the instructions in our welcome binder on the kitchen table.

For all your non-recourse lender is concerned, you are providing the 20% plus closing costs to the table (your skin in the game as far as the non-recourse lender is concerned).Trick to becoming a successful investor:  DON'T OVERTHINK, JUST DO IT! 

The fact is, I need the extra income STR rentals bring in and don't want to leave any money on the table.

Given your goals, the main drawback with these is that you cannot live in the property, so house hacking is off the table. 

Hi Jan, so if you are new to the game there's two things you can still bring to the table that's credit and capital. 

What value does your family bring to the table? 

I also don't see a dining table. you say it can have 8 guests, where do they sit to eat?

I've even seen lenders utilize college as two years of work history instead of taxes filed so you never know until you apply and put the cards on the table.

And is walking into a turnkey ready to rock building, the seller (whom I am presuming is now broke, but that may not be the case) even left the tables and chairs behind, all ready to have plates full of unethical inorganic genetically modified red meat dipped in butter placed on them.