IMO Most of the time, people lose lawsuits or settle for much less due to laziness and lack of rock-solid knowledge about the illicit/illegal acts the opposing side committed.  

Just had my current LT tenant commit to another year so we will reevaluate again towards the end of 2025.Greg

BUT…So has his aggravation, time commitment, and risk.   

Assuming the total cost is accurate, how are you completing this project with $750K of total committed capital?

somebody need to research that aspect first before commiting to investment.

And any that ask for any kind of commitment fee up front thats a fake lender.. two big national lenders are Kiavi and Lima one these are direct you can start there and they are very transparent with what kind of experince you need and pricing. this is what market pricing will be..

But you'll also have a bank attorney fee, your attorney's fee, a commitment fee (sometimes equivalent to anywhere between .25% to 1%, appraisal fee, environmental fee. 

We are now at 100% occupancy in our apartments and our restaurant is committed to a 3 year NNN lease and a $150,000 renovation at their own expense.

There are plenty of ways around an HOA but they tend to break the rules that you committed to following.

My concern, though, is committing to a long-term stay that could extend into the peak season, potentially limiting our ability to capitalize on higher demand during that period.Has anyone else faced similar challenges with their STR during the slow season?