At the end of the day, he understood that I took him into account in the equation, but understood the position that I was in.  

When we started, I made a few friendly trips to the zoning department to talk through the requirements in that regard and make sure I understood anything that the city might require or see as a red flag.

Thanks for the responses all; that's what I thought, but definitely wanted to make sure I understood it correctly.

Hi Jonathan,From what I understood PCB is busy year round, the winter months are occupied by snowbirds for extended periods, rather than short terms and the rates are not as high as the summer ones.

Again, in our case, it is all about communicating with an investor on the front end for what they can expect and being transparent about how we handle scenarios that may not go smooth or as expected.As for real value, so that I'm not mis-understood, there is real value to a higher-end renovation.  

No I understood you as I've come across some of these companies in other states as I've researched it.

I hope I understood your situation correctly and hope this helps. 

I understood HELOC to be with one's equity in their primary residence or other properties.

I have understood this through talking with the state, that if you are an agent of the owner giving information to potential guests using  the owners rules and rates, then you are exempt.

I never fully understood nor found exactly how "Investor #34" was finding and networking for interest.