My biggest suggestion is find a team that delivers a reliable OUTCOME for their people.My team and I help out of state investors create a six fugure passive income in Indy for example, if you think you'd be a good fit for that please let me know and I can explain more. 

For 'smaller' amounts of under $100k many will even do an automated online appraisal and employment check, instant issuance and funding in five or so days. 

They do not deliver the product they claim to sell you. 

So, in your case above 5.5% would cost you 3% or so of the loan amount (the exact number would depend a large amount of factors about the loan and borrower) to deliver that loan to the investor. 

Even if delivered vacant it can take a considerable amount of time to legally de-regulate a stabilized building and it mostly requires you to have the units vacant for a period time (no cashflow).

My insurance guy for the past 2.5 years has been at wits end because he had to continue to deliver bad news on referrals and estimates for new properties.

But no action.The Dominion Group out of NY pulled me out of the funding mess I experienced after waiting for month on Insula to deliver.

In general It sounds like a low enough LTV that it could even qualify for an instant issue and AVM (no apprisal.)

If you go that route you want to have a contingency in the contract that the seller is delivering a vacant house and the renter agreed to terminate the lease early.

This rapid transaction showcased our efficient investment strategy and ability to deliver profitable outcomes swiftly.