I recently earned my real estate agent license too!

Houses are selling in hours not days currently in desirable markets.

It's very fulfilling, but leaves a lot to be desired financially.

would give you their hard earned money to undertake a project you have no prior experience undertaking?   

Typical rent is about $850/Mo. and the typical time to rent, eight weeks.Permanent - This tenant pool could be hourly or salaried, but they earn well above minimum wage.

Is it at a desirable level?

6 unit MF unit in desirable area$1.5M asking price4% Cap35% OpexEstimating 10-15% rehab costsEstimating rent increase 30-45% after rehab2% YoY rent increaseLow vacancy4.5-5% CoCRAll cash syndication purchaseRents should increase more than 2% once we’re fully back from pandemic impacts.

Why would they give you their hard-earned money? 

C-class building that has a laundry facility that earns some income.

It's not desirable, nor a desirable location so I don't think airbnb would be a possibility.