What is the average acquisition cost of the houses?

It costs the same amount to replace a roof or furnace whether the house is worth $300k or $30k (assuming a similar size).

Then find a CPA who can help you set up and manage your business and advise you on the best business structure.

For an SBA hotel loan, the SBA may guarantee say 30% of the loan and a traditional bank takes the next 50%...total LTV/LTC of 80%...will vary by business but it's higher/better than the previous replies (otherwise, you would just get a traditional commercial loan without the SBA involved). 

FlooringScope of Work:Replace carpet in bedrooms with engineered hardwoodRefinish existing hardwood floors in common areasInstall durable tile in wet areas (bathrooms, laundry room)Estimated Cost: $20,0004.

That's why I would never had a business partner.

Which is a tax when you do an active business in your IRA but it is essentially the same thing. 

I’m estimating renovation costs at around $150,000.

When the whole covid shutdown occurred, I dropped out of college to help my father's service business maintaining and remodeling residential and commercial buildings.

Good morning BP community,I'm a returning REI in East Tennessee who is now investing and buidling a family business full time after a career in the military.