while was in grad school learned renting out spare room(s) to other students was the only option, cuz renting to general public generally brought lots of noise, partying, crying kids, family visiting for weeks months on end, parking crowding, etc.whereas college/grad kids usually come with a guarantee from parent(s) or even scholarship stipend plus do have to study alot depending on the major. even if ur not living in the building generally students studying for exams is great energy whereas couples fighting with babies in the background is the opposite and affected my studies and my sleep!

However, you and your partner will have to personally guarantee the debt as well (basically cosign). 

The loan is a private family loan to the LLC, guaranteed by my assets (not my partner's).- My partner is a carpenter and is the one doing all the physical work to the unit (I help when reasonable, but am extremely unskilled).

If you were to accentuate those things in a post with this same request, I can just about guarantee you’ll notice a world of difference in the responses you receive.   

The company I work with these also offers risk guarantees to cover the big risk items. 

I think my whole family can benefit from more structure and discipline, and it's going to be a MUST when we are dealing with NO GUARANTEED paycheck and our OWN money only.

Might need all new electric, but not guaranteed.  

If you can create a process that is repeatable and guarantees even half these returns, please, let me know where I can sign up.

This guarantee, or protection of principal, motivates lending that might not otherwise occur.

@Katie Smith  There is nothing you can do to guarantee that the contractor will do a great job.