Then you wind up with units in your park that default on lot rent and cannot afford to move the trailer. 

As lenders, well issue a prequal/preapproval letter if we've analyzed your income, assets (bank and brokerage statements to establish that you have the liquidity to afford the down payment, closing costs, and reserves), review credit of the guarantors, review the relevant experience to ensure that we're not throwing our money away on newbies that are wandering around in the dark, and have put together a reasonable plan of attack for the project.

I've spoken to countless investors facing this same problem and I can feel the sense of frustration and helplessness, especially when your builder goes dark. 

.: How could you afford a $3k plus rental and making an issue of an extra hundred dollars? 

I can certainly get you quotes but based on my experience the market is becoming relatively affordable. 

Adding value and sweat equity to the homes we occupied was the only way we could afford the bigger properties we needed.

Even including modest appreciation and equity pay down, the ROI is between 7% and 12% for a non passive holding (not good for an active holding)I can easily afford this level of negative, but do I want to?

ALSO they have regs on rooming houses only allowed in specific zoning, similar zoning as for hotels;  only on main streets in business districts AND you have to apply for licensing and blabla as for a hotel..That said;  there is a small movement supporting rent by the room as a small step toward solving affordable housing. 

Think through each aspect of a potential transaction, and how you will respond to the inevitable hiccups, problems, frustrations, and disappointments that occur in every start up business. 5.

Earlier this year, we were also posted on Booking.com, and while the listing did produce several reservations, it came with a huge amount of frustration and more last-minute cancellations that we've experienced (significantly more as a %) than the other 2 booking platforms, Airbnb and VRBO.