The use of funds is totally irrelevant, the borrower could by a rental home, could by a paving machine, a load of equipment, it doesn't matter what the use of funds might be. 

My experience is with a company off Angie's list who arranged that way in their contract - buy all materials and charge a 20% fee as a way to make profit, "but don't worry we get contractor discounts in about that much so you're paying the same" (bs, they bought straight from Home Depot with no discounts, and btw what is that $100 saw on there and other equipment?).

I use MassSave and the Heat Loan program to insulate and if needed upgrade heating equipment.

As a verteran fire fighter comparing myself with fully equipped and trained team of experienced professionals - he had to laugh.Now here is the other side.

Management companies may keep all, part of, or none of income associated with returned check fees, rental income for pets, lease violation fees, unpaid invoice fees, bill payment fees, or income from laundry or vending machines.When assessing a property management company, make sure to ask specific questions about their fee structure and the services included.

@Michaela G. will want to make sure the roof, and HVAC equipment are always maintained in top shape with annual inspections and service contracts.   

It's like an easier BK case.Just make sure you are equipped to take CC.

The good news is I came into a potential windfall in the form of a warehouse full of cheap to me (gas/time spent hauling it) AV equipment.

A quirk are those built in Texas (maybe elsewhere) during the early 60s - many were equipped with boilers and chillers. 

I currently work as a full-time Operations Manager for a Business Solutions, Equipment, Chemical and Paper company off of Swan Island which keeps me pretty busy.