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.

Most of the plan should survive, priority jobs should still happen and most of the team should be able to carry on doing what they were planned to be doing.

My partner would be the one carrying the loan.

Quote from @Carrie Matuga: @Dylan Lersch If it was just credit and your credit was at least 660, if it were me, I'd get started and be willing to pay a higher interest rate as I worked on my credit.

Each carry a different option in terms of Max LTV, Rate, and overall cost.

Usually contractors in Philadelphia will carry commercial general liability coverage which covers property damage, bodily injury & personal injury.

Those losses carry over year over year, so in the years you do have cashflow it will be tax free :) 

Visa requirement for travel and carrying out daily operations.2.