The second option was to do a Construction to Perm Loan inclusive of land purchase. 

The only real change is addressing the inclusions. 

This isn't inclusive but should give you a good start.

That's not worth 15% of the job.Another thing to consider is that some managers will charge low management fees and then add maintenance fees to bring in more income, while others charge high, all-inclusive management fees.

It does later say in the agreement that it is:"binding upon persons who own, lease, sublease, or occupy any parcel or portion thereof"The inclusion of which seems to imply that long term renting and/or subleasing would NOT be commercial use.I'm trying to figure out if I'm taking a significant risk buying this property for use as an STR.

In response to Paulette, I work both resorts and Eagle Rock has far more amenities inclusive than the resorts in the Poconos. 

I would imagine this would be close to a balance sheet.I'm not sure what my CPA would want, but that looked pretty inclusive since I categorized my transactions into their respective categories, ie property management, and repairs.

Striking the right balance between enforcement and maintaining an inclusive, education-focused community will be crucial to its success.

I find it more helpful to track on my total cash into the deal (inclusive of furniture, amenities, etc), so cash on cash and monthly net cash flow are the two metrics I find are most informative when I'm looking at a purchase. 

Quality of service is important, but why does the service have to be all-inclusive?