In the future, I'd request a "soft pull" from a lender and provide them with your estimated credit score to get a rate quote.

When I asked why this was caught earlier, she responded, "Based on the timelines you provided, we had a team fail including me...

A HELOC offers flexibility, while a HEL provides a lump sum. 2.

I was a commercial lender for over 20 years and hotels are high risk / special use for most banks.

We've provided this proof MANY times and had cases dismissed against our clients.Your PMC could have handled this better, but since you took over the process, you probably have no case against them.

My latest blog - linked here  "UNDERSTANDING FLORIDA'S EVICTION PROCESS AND LAWS"  provides a comprehensive guide to understanding the legal requirements, timelines, and steps involved with Evictions in Florida.

In fact, the more issues that arise, the more profitable theses properties become for the ancillary service providers....and you want to know why these investments are pushed aggressively by so many (besides of course requiring nothing more than a pulse to buy them). 

My suggestion would be to cap your utilities at a certain amount and have Tenants pay anything over that amount.That will help you manage your expenses, and also allow Tenants to gage their usage each month, and make adjustments if they don't want to go over the allotted amount.As far as collection, provide the bill showing any overages and just have them pay for it along with their rent. 

When work needs to be done, we require the tenant to provide access.

Reforming these definitions can open avenues for co-living arrangements, providing more flexibility for investors and addressing housing affordability issues.Key Takeaways for InvestorsStay Informed: Understand local zoning laws and how they define household occupancy.