If the tenant shows up and proves hardship, the judge awards the landlord back payment for rent.

Flying out is the tough part and what if you don't find someone really good? 

Very regulated: You'll need to learn about various rent regulations and rules, and evictions are very tough.3.

Our investment property loans allow our investors to purchase an investment property without proving income through bank statements or tax returns.

why choose unlicensed, minimal accountability, minimal experience, little investment over the professional PM. 2020 was a tough year for STRs in my market.  

@Steven BradenI wouldn’t be interested in someone with an open collection unless they can prove they have been making payments on it.

A direct lender has a 'do not compete' cause with their bank that is also their employer, they can't go doing that, they have to send their business to the place they work for, and if they're at 9% trying to taper to 7%, tough cookies for both the loan officer and the consumer/investor.

Tough situation for you, but I doubt they will bend (at least not without the sort of compensation you quoted).

It is a tough market these days, but you can still find good stuff

I’ve actually had some people reach out to me and it’s proving to just a wonderful community here at BP.