Make sure you ask about Builder's Risk coverage.

I either take the leap and fly or take the leap and fall -- but I am taking the leap.Before I get into my question, I want to preface by noting that these savings include coverage of my expenses for 6+ months and enough to pay myself $2k a month in that timeframe.

The properties are all insured with $1 million liability insurance with another $1 million in umbrella coverage (increasable to $5 million).

Make sure to check with your property insurance to see if you would somehow get dropped from coverage if you knowingly let Tennants start an air B&B in your unit.

I really appreciate the resident score that they calculate, because it's more comprehensive than just a credit score. 

@Tyler D.DSCR is Debt Service Coverage RatioNot sure what's so difficult with commercial lending. 

Emil,Try to spell out the Insurance coverage needed by the GC in your contract.  

Is there 2 contracts (seller-wholesaler and wholesaler-buyer) or one comprehensive contract?

Typically you need a permit AFTER the location is occupied4) certification from the local school district, typically there is a site-inspection required before they will add them to the list5) your insurance policy as the owner of the building may exclude protections or void coverage if a daycare is operated out of the location. 

You can also find a local bank that will do commercial/portfolio financing where the underwriting is more focused on the metrics of deal and the debt service coverage ratio.