It sounds like a big misunderstanding and I guess the learning lesson is for you to always to get an invoice from anyone doing work.  

If no agreement is reached, the project becomes ineligible for SB-423.

I know a lender that can help with both states that does investment lending for very cheap, it would be worth a connection as you look to build out your team no matter what you decide.

One challenge was getting the hotel occupancy up after renovation since no one had booked or stayed in years so there was no existing guest base.

Would you be willing to share how this approach has worked for you?

He works with us often here in Chicago, but can service loans across the country!

I came across an RE opportunity that seems too good to be true but number works.

No guts, no glory. 

@Diana Mulvihill listen to your gut just work on your pricing strategy and do your best to maximize revenue.

Also, I would like to point out that at Rent To Retirement, we work extremely hard to provide a positive experience for investors.