I guess I can't wrap my head around the fact that anyone can make an argument as to how the doors and windows being left open was not the root cause of this issue.

Go to this link, the IRS Form 1065.

Quote from @Brett Riemensnider: Wish I didn’t have to post this but I am torn on what to do.

@davidPalm meet head..

You still need some money to cover part of the rehab until you get your first draw, and if you're a brand new investor you might not qualify for 100% LTC on your first deal, but if you can partner with someone with experience on their track record or can prove significant past contractor experience then we might go that high on your first deal. 

Keep detailed records of your hours and tasks—it’s crucial for proving active status if ever questioned.Don’t overthink starting with Airbnb/VRBO.

We rely on these kinds of records to make decisions.

I thought to take a look at their track record while watching their pitch fest and left.

We track the stats every year and last year there was $28 Billion in seller financed paper recorded across the U.S.

We hate to call it "hard money".