Just a second thought and what I always say up here is it's our market and if we don't clean up after ourselves - we get to live in it. 

If you chose not to wholesale it but keep it can you pay for it to be boarded up and made safe including keeping the landscaping and surrounding areas clean and likewise safe?

If a landlord has a lot of short-term tenants for only 3-6 months as a time, there may be extra clean up and repair costs associated with get the unit ready for new tenants. 

They will use the overlap in leases to move and clean the prior place. 

That business didn't survive my multiple trips to Iraq, so I'm cleaning the building out so that I can rent it also

Your biggest investors will have the negotiating power, however you can try something like this:Pari-passu: 0-8%, 90lp /10gp First promote: 8-16%, 75lp /25gp Second promote: 16%+, 60lp /40gp Hope this helps.

The current owner didn't use a formal walk through check list, but said he looked for clean when tenants vacated. 

The current owner didn't use a formal walk through check list, but said he looked for clean when tenants vacated. 

I called the company yesterday and they told me that US BANK lend up to 70% for 15 or 20 years at 3 to 4% but they are very strict: no credit, clean account and stable income. 

Establish contact and arrange a payoff so that the lien is cancelled before the foreclosure process is triggered by the "Power of Sale" clause in the senior lien aka Deed of Trust in NC.