KC get 35M visitors a year that spend over $1.4B on lodging.

Investigate whether any local or federal initiatives can give financing or incentives for your project.Work with a Financial Advisor, Consult with financial consultants that can help you structure your concept in an appealing manner for investors and discover suitable partners.Keep in mind that locating the suitable investors may take some time and effort.

If you do not meet these minimum requirements, you should contact us before submitting your application in order to discuss your particular situation.Minimum Requirements: Applicants must make three times (3x) rent in gross monthly incomeMust show proof of income (Last 30 days of pay statements or other income)Applicants must have suitable criminal history background results determined by landlordApplicants must have suitable credit history.

However, if you find the project too complex or overwhelming, it may be worth considering alternative strategies, such as exploring other cities/areas with more suitable properties or seeking guidance from experienced investors or real estate mentors.Remember, real estate investing is a continuous learning process.

If you are putting together hypotheticals to determine the suitability of an investment, you will want to use things like vacancy & capital expense, because those are possible effects on your income generation.

Give them enough notice so they can property find a suitable place.

They are less concerned with the property except as collateral and just want to verify that it’s suitable.

I am no fan of banks.Some ideas when negotiating for seller financing:Offer to give them more for a principal mortgage (no interest)Build in a discount for early pay offIt should be a subordinated mortgage (meaning you can place that mortgage in a lower position) if you decide to refinance and the bank wants first position.Put in a "substation of Collateral" clause - meaning you can "walk" the mortgage to another property if you sell the property and won't have to pay it off - it will just be on another property with suitable collateral.As for 11 payments a year instead of 12 (Xmas bonus)Good luck with your deal ---- Charles

If so how do you keep track of the codes and make sure it's ready for the next visitor?

We had over 62 million visitors in 2014, and it may be even higher in 2015.Best of luck to you.