After doing this, I then run the property through Airdna.co and/or Mashvisor.com  Both of these tools will give you projections of what type of rental rates, price per night, bookings, occupancy, seasonal variations, etc. 

I’m a Buy And Hold type of guy but the sale is calling me after running the numbers.

I'm reviewing the loan document, and I noticed that the total closing cost is $12,374.

if it's still in decent condition, no ripples or waves in it, and depending on what type of material it is ...

I toured 7 houses and met some owners and some tenants of all types. 

Go through your local SBA and/or government websites to obtain the proper documentation and do it yourself.

What types of loans are available for a property of this type?

It's is incomplete as we don't know what type of appreciation you are looking for. 

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

What made you interested in investing in this type of deal?