I do not think they regulate this strictly on other industries like food service, or even medical.Sounds like the mayor or city planner or someone "important" had a bad stay at a STR somewhere.

Thanks for spotting that additional "real property" question. 

End goal is get into the commercial housing and industrial.

I would love to eventually look more into hotels and perhaps the restaurant industry.

In addition to finding a spot to park you money between loans you may just need more deal flow? 

In the "industry", you would use an "Acquisition/Rehab" loan that allows you to use part of the loan to apply to the purchase of the property and you'll have some loan funds left over to use for the rehab.

Don is spot on in illustrating the pitfalls, both obvious and no so obvious!

This is where I'm very inexperinced and don't understand what is standard for industry or what could potentially bite me down the road.

I also completely understand the frustration of navigating through "Joker brokers" and fake lenders who promise more than they can deliver—one of the biggest challenges in the industry today.Regarding your approach to accrual-based repayment options, that’s a huge help for flippers managing tight cash flow, and it's great that you offer that flexibility.

It’s pretty common for people to buy homes even if they have other debt, like student loans, as long as their debt-to-income ratio is in a good spot.