At that point, it's worth researching and finding a solution that better meets your needs.  

We've looked into this some, and I see that there are ITIN mortgages, but their terms are quite unattractive.Is there another solution?

Talk with Scott Smith from Royal Legal Solutions. 

Hi friends!Trying to assess when it's time for us to set up family trusts/new LLCs/registered agents etc...obviously it's a big cost, but makes total sense. So far, we've pieced along different elements of this (diffe...

If you are facing similar challenges, I am considering developing a more general solution and will be happy to share it here soon

It would be best to perform the renovation of the unit and have a long term solution in place. 

Owners/Operators have to identify new and innovative ways to offset these expenses just to survive.One of the most common solutions I keep hearing is bringing property management in-house (aka vertical integration).

Did you find a solution?

Also you need to figure out how you intend to cover inevitable property damage done by guests but there are plenty of solutions for that in the marketplace where guests pay a flat fee per reservation in lieu of a deposit and you get covered for an assortment of potential issues (bad checks, credit card chargebacks, fraud, personal property damage, etc.)  

Hey Daniel, let's chat I have a good solution for you.