Check the comps for sale prices by square foot. 1666 sqft sales for 419k for example  Residential build cost and commercial build cost are different.

Purchase price: $307,000 Cash invested: $118,000 Purchased in January 2021, we successfully renovated this home to create a premier vacation rental property.

Accept whoever applies" is an idea that would cost you a bucket of money in the long run.Bankruptcy is usually a "no" unless it appears to be a one-time event caused by something out of their control such as a massive medical bill or a business failure. 

Purchase price: $307,000 Cash invested: $118,000 Purchased in January 2021, we successfully renovated the interior and exterior of this home that resulted in a premier vacation rental property.

This is for vacant land located in Tampa, Fl.

Debt service on this is $2308/mo which seems really high.

I think they need to eat this and also fix the ventilation system.

That is the information you should be relying on when you make your investment decisions not the 154 rental listings available shown on ZIllow.

Basically, I was lied to but of course this all happened over a phone call. 

Check it out on Spotify