@Martin Kim many of our clients invest in private funds that loan to fix and flippers as an example. 

A good home Inspector does not do 'Code Compliance' inspections, it's none of their business -  except to maybe just mention it.It's time to see how badly this buyer wants the house IMHO....

Closed property in Sevierville last month, never trust anyone in this business we need to do our DD before making decisions.

It's the most important document you have as a tool to increase revenue, reduce costs and liabilities, and be able to enforce the way you do business with tenants.

It does seem pretty busy around the ‘ville!

Having invested in a few notes I knew that getting servicing transferred and disclosures out to borrowers could take some time and it was clear Scott was a busy guy.

@Margaret Dreesen1) You typically cannot use the SD to cover damages while the tenant is still living in the property w/o the tenant's written approval.2) Even if tenant agrees, not a sound business strategy as now you have nothing to cover possible damages when tenant moves out.3) Filing a claim on your own insurance is also business-foolish, as now your claim will track you in the insurance world for about 5-7 years and if you have another claim - may lead to cancellation or spike in premiums.4) Tenant is 100% responsible for the damages!

I am acquiring an assisted living home (RE+business).RE appraised for $1,320,000Business for $80k.I have the RE portion already financed through banks but am needing $80k for the business to get the deal done.I’m looking for $80k short term loan for at least 6 months so that I have enough time to get a more stabilized business loan.

One thing to consider is the value of the business / Business assets.

Your "business plan" sucks.