Money and business practices are less important and emotions enter the picture.

Overall, going full-time "investor" has been a grossly rewarding emotional, mental, and financial experience and glad I went full time when I did although it was intimidating at first...  

@Christopher Lugo Find mentors and communicate with them frequently.

In consideration for the disclosure of the Information, the Consultant agrees that the Consultant will not at any time or in any manner, either directly or indirectly, use any Information for the Consultant's own benefit, or divulge, disclose, or communicate in any manner any Information to any third party without the prior written consent of the Seller or the Buyer.

If she is someone you can communicate with then have a talk with her; explain how you always make sure the street is clean and you just want to know why she feels so strongly the nail came from your site.

The communication and what is available often gets muddied the further you go down the chain from the direct source.If they ask you for any upfront fees RUN as fast as you can away from them.There are numerous posts on this subject.It sounds like your whole premise of making the deal work is the financing.I have not seen funding at the levels even close to where you were quoted for a non-performing asset like that.Too many other performing loans that are less risk for a lender to lend on at those low interest rates.Typically unless paying all cash for the deal the value add buyer does not want to use private or hard money because of the very high carry costs (interest rate),points,short term of loan to refi costs,etc.Instead the value add buyer will try to get the current owner (usually a bank) to finance them at good terms and the buyer injects some of there own cash to get the property performing.The debt service is much lower in this situation and funding is easier.I can see a bank that owns the property giving those terms as they have an interest in getting the non-performing asset performing again.To an outside lender it's just a new loan and they do not have the motivation to get creative with it.

Cost, communication, size of staff. 

Take emotion out of investing.

I wouldn't mind having a prop 13 like ruling in PA not going to happen..We are both advisors and know that financially suboptimal options are fine for a primary residence it's all psychological and emotions based like almost every other financial decision.  

I see things like this and find it hard that the realtor in Ohio is going to make the same commission when I find the properties myself online, I am fully financed and I have zero emotion in the deal.