Only you know that.In that the individual components of operating expense are not available we can only guess.

The Vouchers existence already takes care of the income component, largely. 

Hey @John Kuehlman, happy to help out with a few components of this -- I'll shoot you a message, and we can chat regarding the lending aspect and the acquisition. 

Are there more accurate ways to perform a comp on a particular property.

The gotcha, at least in my case, has been the local presence component.

The other nice thing about it is I control what they initial as well, which means I can enforce them to initial next to some of the key components in the rental agreement - such as issues concerning the indoor pools.  

Pre-Payment Penalty: If they have one, is it a flat penalty or does it have step down component like 6% of loan amount if paid off in year 1 / 5% if paid off in year 2 / 4% if paid off in year 3 / 3% if paid off in year 4 or is there a loan yield maintenance fee if paid off earlyUse of Funds: What are the funds being used for?

These start from limited service hotels with no food and beverage components outside of your complementary breakfast. 

I also value the risk component at tenant, capex stuff.

Question; are you able to expand on the liability component?