You should also ask the lender if they will permit you to owner occupy the property, since many commercial loans are not designed to be "consumer loans."

That being said, I think it is up to the listener/forum user to be able to critically think about the content they are consuming.

There will be requirements set forth by your lender that the insurance coverage must fulfil.Take into account other coverage alternatives like liability insurance, umbrella insurance, or coverage for certain risks like floods or earthquakes, depending on the property and your situation.Examine the insurance firms you are considering's ratings for both financial soundness and consumer happiness.

I am not licensed for consumer loans in ID (I can do investor stuff all day long, but not consumer in ID), so I can provide impartial advice.

As for fees, your typical STR management company down here will be in the 15-20% range plus your regular costs to run a STR (consumables, towels, maintenance, etc.).

Compliance with Dodd Frank and the Consumer Finance Protection Bureau may make your concept very difficult to make functional.  

It is also very time consuming to cold-call, cold-text, and do mailers.

The short term rentals such as air bnb can be time consuming having different renters each week or day.

it takes cash and consumes cash.yes, the deal i sold would be a flip. 

The consumer side is heavily regulated and it is definitely a no-no to submit directly without going through the broker, but "commercial loans" are not as heavily regulated.