So far, nothing but credit cards that we could have applied for all by ourselves. 

The terms include:-LTV% (amount of the value that the bank will loan you)-Interest Rate-Payback Term-Amortization Term-Payback provisionsUsing these, you can get a good idea of 1) how much money you will be able to get out of the property and 2) what the property's operations will look like once leverage is applied to the investment.

Capital gains taxes don't apply for #1, ordinary income taxes and SS/med.

I have applied for a 203k loan and in the final stages but my insurance company just turned down the policy due to the construction.

Applied the first coat of a product called Deckover, which I picked up from Home Depot for about $40 per can.  

(Applies to California.)

Being in an HOA has no effect on whether code enforce,net and police enforcement would apply....they are totally unrelated.  

Should we just give the majority partner all the cash and have him apply for the commercial loan?

Should we just give the majority partner all the cash and have him apply for the commercial loan? 

Best words of advice I can give about any subject...Learn ferociously for a short period of time (always with the intent of applying the knowledge), take a few of the concepts you learn into the real world on a small scale to actually feel it and gain confidence, make a plan with short and long term goals and then attack it.