We received multiple offers and while we are unsatisfied with the loss of principal, we believe we received the best offer available.Explanation of the OutcomeThe percentage of loss on this project is atypical as are the circumstances that caused it.As a way of background, we rely on professional third-party inspection firms to visit each property and report on the status of the renovation.

Yes, many hosts of short-term rentals (STRs) use inventory management systems to track supplies effectively.

I agree that many poorly capitalized firms end up going out of business when credit dries up, their working capital suffers a short term decline, and they don't have enough cash to weather the storm.When the tide goes out many will be stranded or caught without their swim trunks at least.

What's your major and what is your plan for your college degree (for example, are you a finance major and planning to work for a large investment firm)? 

What steps should I take to vet this lending firm?

If she doesn’t want to let you show it, then that’s fine but you’ll need to be more firm on the termination fee, maybe reduce fee due to special circumstances if she leaves it in great shape.

They know how to handle caregivers and other staff - That means being both firm and fair with the caregivers as they will be actively managing, hiring and (if needed) firing them.

Thats basically a commercial business loan...just for farming instead of running an accounting firm. 

The tenants do need to understand that I am not at their beck and call for irresponsible behaviors and while I want to be kind, I need to be firm. 

Most of what I shared are proactive measures you can take to greatly reduce your liability exposure and shield you from a host of claims that commonly arise in real estate.