Because we do commercial construction in the area, we know from speaking with the P&Z that the most likely scenario for building here would be either single family homes (can fit approx. 6-7), duplexes (can fit 4 side by side units) or townhomes (can fit up to 11 with zero-lot lines).

In this scenario, I agree with them. 

I am going through a similar scenario. 

That’s definitely the ideal scenario that I was concocting in my head to convince myself to give them a shot, but without them showing much interest in submitting a more formal application I opted to deny the request.

Some common ones that come to mind in addition to a hot tub are a cedar sauna (gotta lean into that Minnesota sauna culture - check out Cedar and Stone out of Duluth for some really cool sauna ideas), snow shoes or cross country skis, or even just a nice outdoor firepit area with tons of firewood (you could also include complementary s'mores supplies for every reservation).  

But they typically abscond with the rest, squandering it on personal expenses or high-flying life styles.COMMENT: This is common for any type of fraud.They may also use some of the proceeds to support an elaborate "Ponzi" scheme in which money coming in from the sale of new notes pays the interest on older notes.

Does anyone make buyers sign a hold harmless similar to buying a bank home as is or is that not common for flips?

When you are ready, we are happy to review your loan scenario.  

I would like to hear more about how common it is for stays longer than 30days in LA.

The issue you may also run into is from a tax perspective, but I am not the expert on that.This seems too complex honestly and one of those, you cannot figure out what could go wrong until its too late scenarios.