I think if you are going to keep all three parties involved as owners of the deal long term then you need to separate yourself as a renter and a contractor.

I know your involved at a high level with Board of Realtors and state regulators .. 

The requirement to do this generally involves an experienced GC signing on the borrowing entity as a 20+% owner thus making them a signatory on the loan and responsible for the debt which in most cases is not very easy to find.

I hope you found the Google reviews before getting involved.

The single biggest issue in my way currently is obtaining enough cash, whether it be my own, or through partnerships or family/friend-based lending (which I am very hesitant about to begin with as this could potentially strain relationships unnecessarily when money is involved).

Converting your condo into an investment property and transferring it into an LLC is a smart move for liability protection.You’re correct that retitling the property involves Chicago’s transfer tax, which can be substantial.

My name is Nico Banuelos, and I've been actively involved in real estate since 2021.

Buncombe County's current proposal says once the application window opens you'll be able to obtain a zoning variance, which will permit you to STR the home, and will be transferable to future owners of the home, so long as you can show some evidence that you've STR'd the property for at least 2 consecutive days in the last 180 days.

Undoubtedly, your involvement has lead to increased business funneling to Obie...Two questions:Does Obie insure free-standing mobile homes (without land)?

I'm feeling that I am being milked and preparing to get my attorney involved if we don't settle this soon.