Also, the prior management had done a poor job and gave us upside in operating expenses and in rental income.How did you find this deal and how did you negotiate it?

You find out up front if they have any cash or not, vs burning 30-45 days to find it appraises at your listing price, and they don't have the cash to close.Get a VA checklist from one of your trusted lenders and make sure everything in the house meets the checklist. 

I have been trying to find if there is a wall assembly material that can act as stuctural, shear strength, insulative, interior surface and exterior surface.

@Raza Rizvi A benefit of an LLC is that it can provide extra liability protection for you. 

He did all the work finding this deal and negotiating the great price so I agree he is entitled to some sort of acquisition % fee.

He also required a double ground at unit even though there was a double ground at the drop (I believe he was incorrect wanting this but it was not hard to provide).  

Proper will provide much more comprehensive coverage beyond just the reservation.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

I have plenty to learn and hope to find mentors that are willing to help. 

My favorite (and current go-to) program uses 80% of AirDNA figures for new STR properties without a rental history, but your current rents will provide a much more solid figure for underwriting.