Many lenders offer up to 85% on investor financing for a 1-4 unit purchase transaction. 

What price point would you be targeting for this purchase?

I am hoping to pull pull out the cash from the home to make a large purchase.

I don't know anything about the deal but after reading your post I googled the company and found a press release from Nov 2021 announcing that they had purchased The Aubrey.  

I’m looking tot purchase my first home this year and I have been looking at properties that just need some TLC to be move in ready.

We financed the Pennsylvania Ave deal using Partner Driven's capital, covering the $28,000 purchase price.

As a business we run a note fund and also syndicate notes that we originate or purchase.  

How do you know you purchased an overall good deal? 

I am particularly interested in purchasing my first investment property as a short-term rental (STR).After analyzing recent data from AirDNA, I have identified several promising areas: Douglas, Saugatuck, Fennville, and I am also exploring opportunities around Stevensville and New Buffalo.I understand that regulations around STRs vary widely, and I've taken the time to study city maps to identify areas where they are still permitted.

For example, if you are pre-approved for a $200K purchase, then you know that you can't buy in Nashville.