Seller is understandably getting really upset, because what the bank is asking for could take weeks and we were already supposed to have closed.Any adviceAloha Leah, this is very common as the other lender stated above.

When considering a vacation rental property, it’s essential to have a backup plan and understand the numbers for annual leasing.

I'll get with a CPA next week to understand REPS status better. 

Seek to get an understanding of what they know about ADA compliant (probably nothing), present your case in calm friendly manner.  

I understand that it gives you more coverage and it better if you are transfering RE from someone that you don't know... but in my case I will be transferring from myself to my LLC.Some good answers here: https://www.youtube.com/watch?

As I understand, landlords there cannot charge application fees, security deposits and evictions are VERY challenging.Have communicated with several PMCs and investors in Ohio market and not aware of any real differences from Michigan. 

Many 506b deals are pitched to new students including ones that are failing and the students have no knowledge in this industry to understand what is being presented.

You'll never get your best deal until you understand what the other side is dealing with. 

It is there to share the timeline, as I best understand it.Received an update 2/17/23.  

If you chose to invest out of state solely because of the numbers I would really reevaluate the deal, fly/drive to the local area and really understand what you are buying.