We can assist in building the scope of work and even visit the property on occasions to get updated pictures/video and confirmation that some work is completed before the next draw, but we can't tie up our operational resources to projects that take more than a couple of weeks.

If you don't give up then the next phase is going back to the drawing board and scaling back and redoing your plans6.

Security Service FCU use to do a 100% LTV HELOC in UT and CO. 15 year draw 25 year payback 40 year loan.

HML is going to charge me an appraisal fee, draw schedules, draw inspections, etc. every single time.

They can draw up the contract the makes sense / protects you. 

Since the LLC is a disregard entity, do I need to report anything for this check/draw? 

I will speak more so on the Northeast market as I really don't know the Florida STR market.Parts of Nh are going to have a great year round draw to them.

For example, if your contractor is ready for payment/draw, you schedule an inspection 2 days out, then your request payment from the IRA which can take 2-3 days to receive. 

I would enroll in an architectural college and start drawing my own.

After contacting about 4 lenders, I am finally trying to choose between these two offers:Option #1: 200K at 10.5 % variable rate, 20-year draw periodOption#2: 138k at 7.6% variable rate, 10-year draw period.Which of these would be beneficial for a newbie investor like me.