I hate taxes too, but when Airbnb went from a way for individuals who had extra room to share the space to a BUSINESS, they attracted the attention of authorities who now tax them the same as other hospitality businesses.  

Obtain necessary permits and approvals from local authorities.

If you have a Authorization to Release or a POA the lender may tell you if you call.

They will inspect the project at those milestones and evaluate all the line items in draw requests before authorizing dispersal of funds. 

Just read this incredible headline WOMAN APOLOGIZES FOR FIRE STARTED BY EFFORTS TO KILL BEDBUGSMonday, November 09, 2015 11:00AM DETROIT, MI -- A Detroit woman has apologized for a massive fire that she and authorities said was accidentally started by her efforts to eradicate bedbugs from her apartment.Tuesday's fire tore through Ramblewood Apartments, destroying the 48-unit complex.

The author attended my REIA for a while and I really enjoyed talking with her as a newbie starting up because she was so encouraging. 

A LENDER lends only money over which he has full underwriting and decision making authority.  

I personally heard this strategy from Gordon Moss but I'm sure it's been around for a long time.Just to be sure to give credit where it's due, this strategy was first told to me in 1979, by Jimmy Napier, author of the BEST book on note investing ever written 'Invest in Debt'.

If you already have two tenants, that means your rental unit has been approved..your tenants are screened (since they have to be screen through the housing authority) and you get to promote your rental place for free?

The author was completely empathetic to my client.