If it were me, I would reach out to other franchisees in your area (perhaps your Development Agent might have some insight...see...I know the Subway lingo and I've done Subways in my banking days).

Here's an update: I ended up re-charging her a few days later with late fees and it went through.  

Who knows one day I might give it a whirl it’s just I did not want to buy a whole bunch of furniture on a maybe.

Comps in the last 30 days sold between 90,000-100,000.Any advice on what you guys think would be the best thing to do?

I exited the market due to the short term rental regulations - properties that are rented under 90 days are considered short term.

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.

At the end of the day, there have been and will continue to be a lot a salesman trying to make a quick buck off unwitting investors, whether accredited or "sophisticated".  

After I was informed this, I pushed the wholesaler hard as their was no contingencies and I was pushed for a 10 day close.

I work all over Milwaukee county for my day job and also have rentals for over 30 years. 

I'll include a BP article below that highlihgts the gist of them in alignment with BRRRRs.Also, I lived in NC for a bit, so happy to connect and introduce you to some folks in the area. https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...