I am proposed GP with development / management experience, however my liquidity is tied up in a separate development initiative. 

All the OOS marketing comapnies work for commissions  they are not doing this as a charity or non profit..

Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule:The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 50% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information:Ø Signed Draw Request by borrower and contractorØ Signed All Bills Paid AffidavitØ GMG review and approve the draw request and will release funds for disbursementØ A check will be issued in the name of the borrower and contractor and delivered to borrower via USPSØ An inspection of work to date will be performed at 50% completeFinal Draw Information:Ø Signed Draw RequestØ Final inspection/Completion Certificate will be required for release of final fundsØ A Title Update showing property free from lien or encumbranceØ General Contractor’s Lien Waiver AffidavitØ Affidavit of Completion GR will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns:Changes to the initial plan are not permitted unless prior approval by Guaranteed Rate.

Real estate investments don't require a huge initial financial outlay, and you may benefit from ongoing cash flow or appreciate your asset's value over time.

Out of the areas in KY that is not one I would have thought would be on most out of state investors radars.I am still in the initial stages of my research, but Owensboro made into the list while choosing candidates based on cities with diverse economy with significant industries for an LTR.

Also, I don't believe your investors are any more pleased knowing your CEO is pursuing other business initiatives when their is clearly some adversity in the RADD business preventing redemptions.

BUT (It hurts to write this)It’s great that you’re taking the initiative to shop around for the best rates—this is a smart move when making such a significant investment.

If they pass that initial trial period, I offer a 6-12 month renewal. 

I decided to look at other states because NJ needs a larger initial investment since house prices are higher here. 

The minimum "initial" lease term in Atlanta is 2 or 3 months, so they don't qualify as STRs, and thus don't have the same regulatory issues.