There are no other known zoning issues with this request."

If the club has even one passive member, it may be issuing securities.

If the latter, will SBA have issues with us adding another loan or LOC to the project?

Also, everyone's idea of "reasonable" is relative.

I'm hearing more about AP on takeovers that the new ownership did not seem to have knowledge of, and high AP at existing properties that have cash flow issues.   

I have seen "noob's" have issues with, say, a 5br home and trying to get that payment standard from a 3br voucher holder.

Personally, I don't have any issue investing or managing over there.

Adding keywords related to your investment strategy or market locations can be updated in your settings.

i really think it's that simple.and, for me personally, if i have long term tenants that have consistently paid on time and had no issues for several years, i will usually get them a gift card or something at year 3 or 5.there is no consensus on BP on this. 

Make sure to reach out to one with real estate experience as location is not an issue these days.