I didnt study finance or realestate, so my expertise is in another field.

Lenders are most picky about restaurants because they are really easy to kill.The lender doesn't require the restaurant to be owner-operated, but they'll need proof that your management staff has a robust resume in the field as well.I'm not sure what you mean by an "arm's length" transaction.I hope that helps.

The house was built in 1890 so it has field stone foundation and we noticed some joists in the cellar like they’ve tried to temporary solve this problem.

Hi BiggerPockets Community,I’m in the early stages of launching a private lending business and would love to get some insights and advice from those who have experience in this field.

Books are a great way to learn about topics and how to generally do things but the real education is going to be in the field. 

If you are, and checked the right box to indicate an existing reporting company, you would have noticed that all Company Applicant fields was disabled or grayed out.

Is this standard practice in the legal field?

How important is finding a mentor in this field, and what is the best way to connect with experienced professionals who can provide guidance and support?

Yes the healthcare workers demand a lot for little rent, I believe that may be due to such a high demand in their fields. 

To answer your questions, we typically average $400 ADR, w/ a 40% occ - NDU football is the driver.