I was able to get a private loan which I used to purchase the house then I used my own money to rehab the house.

I am not sure what the availability of cleaners in that area so I would spend time right now see what is there before committing to a property.Also, if you are spending 2k a year on fixing or replacing stuff, you are getting the wrong guests.

I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.  

Quote from @Sofia Komrskova: Don't spend that kind of money on courses.

If you spend time learning how to manage well, your income will increase, you'll save time, and you'll maintain your sanity with the courage to expand.

So, realistically, how much time do you expect a PMC to spend getting multiple bids?

If you are skilled in each of the areas above, and you have enough in reserves to cover the costs of when things do not go as planned, then you can likely attract money from private money lenders who want to get a return on their money and they see lending to you as a low risk way of earning a better return than in the other passive investing options they have. 

Also, the idea separating them is so you don't accidentally spend them and then no way to pay it back when the time comes.Some states if you don't refund the security deposit within X amount of days, the penality is that you will have to pay back the security deposit x2. 

We do not have contacts with private lenders at this time.

We discuss spending, net worth, and future investing goals with the cash.