It’s also a good idea to assess their track record in handling alternative investments and supporting clients through changes.I’d be interested to hear how Inspira addresses these concerns going forward.

They are more concerned about protecting the hotels. 

Make sure you account for all of your interest load if youre using a Heloc for permanent financing as you suggest.

Account ClosedIf there are maintenance concerns that's an entirely different issue.

Where are you most concerned about your blind spots?

Despite my concerns, I allowed the appraisal to proceed.

My chief complaint is the lack of communication and an actual project management plan... thats good news I know some lenders get pretty concerned when construction is so slow.. but sounds like a great deal and I know RTR will be there every step for you guys.. did not realize they were the conduit for this transaction.

If that was satisfactory then why are you concerned?

As the tax code is concerned all of the costs to create your rental property business (buying it and making it usable for it's intended use) and one in the same. 

Tom so you wouldn't be as concerned about that element?