I'm looking to get some insight on reasons why this deal isn't moving if the numbers makes sense, however it's in a really challenging Southside neighborhood in Chicago.

Then go in and look for yourself. 

I don’t own anything in Arizona, and just looked up the related laws: https://www.azleg.gov/ars/33/01321.htm.It sounds like you may be familiar with them, as you did what’s expected by the letter of the law.

My partners and I have just started looking into this.

I'm looking forward to learning from the community and working with similar minded individuals.

@Jerry WesthoffSome of the larger hard money lenders may be able to fund this for you, if not a private / smaller hard money lender probably would look at it if the arv made senseI would start with larger companies

thanks @Ryan Murdock. looking back at my mgmt agreement, i notice it did say that they'd keep the late fees charged.   

I will look into a no cost Heloc.

My wife and I are looking to purchase our first property with hopes to turn it into a STR.

So I am looking to sell my ticket to someone.