ThansksSame process and lenders and normal loans, it will be a loan for the entity and probably guaranteed by key officers.

I'm a realtor in Charlotte and a former loan officer as well.

So I did that and my property revenue cannot service the debt but using my strategy I'm cash flowing $1100/month after PITI on a new construction home under warranty. 

We completed the work 2 weeks before our baby was born so we took a 4 week hiatus to rest and have the baby.Then I dove into the design, planning, and permitting for the basement.I visited the local Permit office in Alexandria and basically said, "Hi, I'm a new homeowner and I'm an idiot when it comes to permitting.

@Tyler GilpinEach HUD office in every County publishes FMR ( Fair Market Rent ) reports each year.Just google Name of Counit HUD FMR and it should pop up.You might have to dig around to find it.Or call the local HUD office and they will point you in the right direction 

I'm not really certain if I'd be looking at PM as a catalyst so much as a secondary revenue stream and network building tool.

For an STR they have software to help you determine revenue like pricelabs or Airdna.

Our cost to do business vs the revenue a small loan generates would put us in the red.

It's usually not a lot, but I've had to replace a broken office chair that was only 2 years old, had better quality bed pillows been switched with cheap Walmart ones, and had a blanket go missing. 

I also reduced a lot of the soft expenses (office, accounting/legal).