I provide a 5 star experience so that there is never a reason to have a disgruntled guests.

Also you can see their overall productivity.

They often have loan products targeted at rehab loans on low value properties, particularly those that are in underserved communities of big cities like Detroit.

A company can go up in value by increasing it's customer base, increasing it's product offering or increasing its prices. 

BUT, the might cause more issues because 550k is already on the small side for a 5+ unit building product. 

Mandating how a product/service is conveyed to the public NEVER works to lower cost of goods to public, EVER.   

What type of lender or product should I consider?

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

You can then GC the project yourself and let them help be eyes and ears and offer you the speed to get the projects done on time.As for financing, I had great success using a commercial loan product with a small community bank.

If you think you have average intelligence and a general hard working person, for non luxury STRs (competing with 3 star or below hotels in the area for average people who simply need a bed and a kitchen) I would use 60% occupancy rate to start in the beginning and then 80% after stabilization.