It went from 85% purchase price covered to 65% even after the deal had been analyzed by them extensively prior.

Technically a SF, but we have an ADU on the property that we live in and rent out our main house.I love the fact that my tenants are paying most of our mortgage and if you benefit from those duplicating expenses in traveling healthcare, I'd imagine it will enrich you in more ways than just your tenants covering your costs. 

Another benefit is the ability to dispose of a component like the old roof when a new roof is installed. 

(Note: These are non-negotiable requirements) Other Incentive ProgramsSmall Business Improvement Fund: Best thought of as a storefront/small business rehabilitation program, this small grant program ($150,000 for commercial properties and $250,000 for industrial properties) is targeted for smaller renovation projects and can cover anywhere from 30-90% of the cost of remodeling a storefront facade, roof replacement, major systems replacements (HVAC, plumbing, electrical, etc.) or an individual interior space build-out within a larger building to get it tenant ready.

Most times, the due diligence period is used for you to bring out your inspector to physically test the property (environmental, structural, roof, etc.) 

BP fam what are your thoughts on my scenario -- I bought my primary home for $335k 2 years ago and have put about 40k in upgrades (new double paned windows, new foundation, new metal roof, rain gutters).

Here's what we currently cover in our report:- Market Overview: Insights into rental demand and average overall revenue.- Detailed City Stats: Includes ADR (Average Daily Rate), OCC (Occupancy Rate), and revenue by bedroom count across different zip codes, top performers for that zip and what luxury properties are earning.- Target Guest Persona: Developed based on guest traffic and behaviors, two most common guest types that travel to this market and what their likes and dislikes are.- Guest Feedback Analysis: Derived from guest reviews to pinpoint strengths and areas for improvement.- Amenities Overview: Shares % of most sought after amenities in each market- Design Trends: Trends observed in top-performing properties.- Top Property Links: Direct links to benchmark against leading properties in each marketLooking forward to your thoughts and suggestions! 

It won't cover how to set up a debt fund (that's advanced level LOL) but it'll cover all the key considerations you'll need to take when safeguarding your own capital.

If your friend recently made 3x his mortgage, but it was a spring/summer month, he could easily struggle to cover the rent in the fall and winter months. 

Charge a one-month nonrefundable Holding Fee or Rservation Fee.Document it well, so if they try to take you to court over it, you are covered.