The straightforward method is to do everything yourself, as in my example above.

Hi @Shan Randall,Welcome to BP and congrats on stepping back into the landlord game!

ALSO they have regs on rooming houses only allowed in specific zoning, similar zoning as for hotels;  only on main streets in business districts AND you have to apply for licensing and blabla as for a hotel..That said;  there is a small movement supporting rent by the room as a small step toward solving affordable housing. 

Only one of these methods involves "saving" money, and most BP users don't pay enough attention to it. 

I live near Richmond, VA, but if you have a national bank then I thought I could just have my local branch call the bank manager you used so that s/he can walk my rep through the steps required to make it happen. 

I'm taking my first steps toward making my real estate investing dreams happen.

It's a great first step to manifest your future reality. 

Purchase price: $1,200,000 Cash invested: $1,500,000 Purchased 12 bedroom, 12 bathroom boutique hotel, steps from the Sea of Cortez and beach in San Jose Del Cabo., Mexico.

Figure out a method and process to pay as much as you can while making a good profit for your efforts and risk.

Process this, and be take the next steps wisely.