You may reach me if you want to start a charter school, academy of any sort I worked with people of diverse nationalities before all over state.

So you're in the right place.I'm also an airline transport pilot and flew for the regionals and a charter gig overseas (think Air America).

The closed school is actually an opportunity for development, someone may put a charter school there (that would help you),  or make it into apartments (that would be bad).So I guess the question is you said "The area is B- or C+ now and the deal is good but not stellar."

But now we are seriously considering buying a yacht from "The Moorings", allowing them to use it as a charter boat for 5 years and then taking ownership of that boat and using it as our main sailing boat/house.   

Martin,, only financing you will be able to get in your situation is semi private financing you will not get bank financing form an state or federal chartered institution most likely.

On the state level, Ohio law (Section 5321.19) currently does not permit rent control (emphasis is mine):(A) Except as provided in division (B) of this section, no political subdivision may enact, adopt,renew, maintain, enforce, or continue in existence any charter provision, ordinance, resolution, rule, or other measure that is in conflict with this chapter, or that regulates the rights and obligations of parties to a rental agreement that are regulated by this chapter, including, without limitation, by any way imposing or requiring rent control or rent stabilization.If you read the text of the proposed federal bill, the stop predatory investing act, only future investments would be impacted:(b) EFFECTIVE DATE.

In what State is your Limited Liability Company chartered?

This, at the very least is a violation of her loan agreement, or could also be construed as fraud as she is probably not registered and chartered as a bank.

Federal and state chartered banks are prohibited from owning real estate other than as collateral taken to statisfy a debt which must be disposed of or for the bank's own use, like a main and branch facilities.

As a Chartered Accountant, my wife left her career to work in the family businesses that we've created.