In fact I can have half of the rooms occupied and still pay the mortgage. 

Any positive cash flow should go towards paying off debt.

These guys are having fun because there are a lot of scammers and gurus out there selling LLC creation services and Wyoming Trusts and Cook Islands Trusts and if you believe all that b.s. you will end up needing to cash out refinance soon in order to access that equity in order to pay for all their services plus an accountant to keep track of the mess.

If you were able to build equity over time, it could be smart to sell, pay off your loan, and use the money for another venture (flip, investments, etc) if it is truly bleeding you out.

The last one told me I'd likely pay a small fortune for this policy. 

It was like paying for multiple Master's degrees to get our "real world" experience.  

Billing is different for most and more than likely, you'll pay a retainer of some sort up front and have a balance due. 

In theory they've tried all they can and are stuck on stupid feeling there life is about to be burnt to the ground. 

We've built, ground-up, several homes and my mortgage company finances tons of new construction projects.

I would keep the deposit unless I am able to rebook the dates and then I would only make her pay the difference for any unbooked nights.