You can also suggest an alternative:  the tenant agrees to allow showings of the unit immediately and will be released from the lease when/if a tenant is identified, lease executed, security deposit placed. 

I’ve secured financing with Stock Yards Bank (Term sheet in hand, 6.75% fixed).I am bringing in a Key Principal (KP) to sign on the loan to satisfy the balance sheet requirements, but I want to make sure I offer a fair split.The Question: For a standard KP who is only signing on the debt (no operational work), what kind of GP equity or fee are you seeing in this market?

Also, be sure each room has a secure lock for the Tenant, and a separate "common" lock for house entry.

"Would you use one to buy the property cash (house is worth $50k)" - Absolutely, as long as you know you can qualify/source/secure conventional financing.

Which appraisal method did they rely on for their valuation? 

If (while running numbers) I find the Brrrr method will be successful- we'd likely go that route. 

Your problem is probably your method of wholesaling. 

_________Conviction and prisonMinkow and ten other ZZZZ Best insiders were indicted by a federal grand jury in January 1988 on fifty-four counts of racketeering, securities fraud, money laundering, embezzlement, mail fraud, tax evasion and bank fraud.

Example: Secured debt of $200,000.

This timeline provides a cushion—if one or more replacement properties falls through, we still have time to secure alternatives before the 45-day identification deadline.1031 ConsiderationsBelow are some considerations that you should be aware of:Before listing the property you plan to relinquish, select a 1031 exchange agent.