I have a bank willing to lend on the deal but will need to provide equity and cash reserves of $1.2M.I've raised capital prior, but not this amount. 

However, they provide the leads and claim agents get an average of four sales a year.

Ask as many questions, try to provide whatever value you think you can bring and eventually take the first step forward! 

First STR guest has booked for the last week of 2022, so we'll be able to place the asset into service for 2022. 

Steve - I have never spoken, text or emailed with you about my services or myself.

If so, a best course of action would be refinancing those into lower-rate perm debt which should lower monthly payments and maybe provide some cash-out - that would be the cleanest/most conservative way to build up some more capital

Sometimes the sellers may or may not have that readily available or may only provide it for those under contract since usually there is paperwork around that that requires certain investment docs to be provided. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Thomas market, I would greatly appreciate any information you can provide.

I provide AirDNA data to my buyers for free as their agent, so maybe find an agent that has it in your market.