Tempur Sealy, the world's largest mattress supplier, is divesting 176 Mattress Firm and Sleep Outfitters stores to gain approval for its $4 billion acquisition of Mattress Firm.

I will of course use YouTube and other online sources, but I'd also like to speak with a person and even build a relationship with my local hardware store!

At the time when the chemical industry discovered farmers as a huge market all sorts of herbicides and pesticides (the are banned today) were introduced, stored and disposed of basically into the ground: the farmer did not want to have stuff growing between the barn and the farmhouse anyway, so seemed like a good spot to kick that barrel over.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

Also many lenders will want to see you have some nice reserves like 15-25% of the purchase price on your first deal. 

Most reservations came through the PM website, then VRBO, then AirBnB.

This scenario requires a confluence of events:- Significantly Negative CF- Insufficient reserves relative to negative CF- Overpaying OR Market DeclineThe personal guarantee just opens the door to the damage from the above situation overrunning everything.

Also, I want to create an in-house store with Stayfi and The Host Co to sell themed merchandise and local vendor services.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).