License process can be lengthy so swallowing carrying costs could be heavy. 

For defendants, it is important to be aware that this type of dismissal carries some risks because it leaves them exposed to the possibility that another case will be filed.http://www.wisegeek.org/what-is-a-dismissal-withou...

What happens if a property does not sell and carrying costs exceed all costs? 

Particularly with all the 506(c) offerings marketing themselves, and having $25k minimums, as many do, it is a hard sell to see how a Fund of Funds, who will have their own fees and carry make any sense.  

I do not want to carry the property too long.Thanks again, Zeke your not ready!!

Quote from @Carrie Matuga: @Philip Jackson were you. able to find someone who could help?

Well, my husband isn’t as confident as me and im sure a part of that comes with the pressure he feels to protect his family and being on high alert is an unfortunate burden he carries around in that neighborhood. 

Please be careful, at higher amounts leveraged, the carrying costs/time value of money can eat you alive if you have any hiccups in your project. 

The restaurant carries their own insurance policies, has licenses, and the property is insured under a commercial policy (which costs a lot more than a typical residential policy).Airbnb is run by individuals, most of whom don't know anything about running a hotel business.  

The renovations mentioned on the listing are the exact renovations carried out on the property so its a very transparent process.