It requires hard work, strategy, and a willingness to take on projects others might overlook.

Our rates are 7-12%, with no down payment required.

Depending on how it is done and what guarantees the government offers and requires of the released entities, interest rates could move slightly higher.

Lending capacity should only matter to those with large borrowing needs and require large legal lending limits but that wouldn't apply to hard money lenders anyway.

Lenders will lend the lower of the amount between LTC and LTV.Do you require an appraisal and survey?

Not to mention staff, I’d check on the number required to stay up to ratio throughout the day, night ratio is likely lower than day ratio.

With that they may be able to recoup from their renters insurance (hopefully you require this)  If locks are damaged and the unit isn't secure you would need to take care of that right away.

I believe the requirement is 25% down for foreign investors.

I'd start by giving all residents the required notice (usually 24 hours) and go inspect the units as quickly as you can. 

I'm being required to pay another application fee and then $600 application fee to hopefully get this approved by the Board to allow me to continue running the STR that they approved 6+ months ago.