The information contained in this post is not to be relied upon.

Also happy to answer any questions about the process if anyone's considering adding them to their marketing. 

A recent article discusses how Bloomington is considering flexible zoning to support dorm-style units, aiming to provide housing solutions for residents earning 30% of the area median income (AMI). finance-commerce.comThe city has successfully added new rental units in the 50% and 60% AMI bands but faces challenges in creating units for the 30% AMI bracket due to financial constraints.

Adding 1-2 doors this year would be awesome. 

Generally I'm a fan of hold until you die but in this case you are earning low cash flow on a large amount of equity.

Just recently listened to a podcast on mid-term rentals specifically for traveling nurses but could also include corporate professionals or large-scale construction project workers.

The information contained in this post is not to be relied upon.

But either way, it is a fairly substantial number of States and many of which have large population centers.

The great part about contacting the CDC directly (and a large one such as TMC) is they can make referrals to banks that would be interested in your project (i.e. banks that have been actively doing SBA hotel loans)...rather than you having to chase down the bank first, which can be very difficult.Regular commercial lending requirements are applicable (will vary by bank):1 - no bankruptcies2 - no foreclosures3 - FICO > 7004 - net worth >= loan amount5 - post closing liquidity >= 12 months of P&IIf this works out, you are going to be glad that you made this post.

I see their ads pop on my social media and I think there are some scare tactics.