Just like with a residential mortgage would they need business tax returns as well for add back purposes?

My thought was also to just rent the lot itself as it's located on a pretty busy lake. 

The length of holding only matters AFTER you already determined it was a capital transaction, as opposed to a flipping business.Step 1: business or investment?

After many problems over the last couple years, I really want to just let the situation take its course and get a new business owner in there.

I never give out my contractors name for renovations because I keep him busy enough and he also has many other projects.

CRedit Union or personal business line of credit at a lower interest rate would be best!

Again, that's all fine and good but the numbers have to work which is why I was hoping to speak to someone with first hand knowledge of owning a property or properties in the town without an axe to grind like the Seabrook sales people.On the issue of negative STR regulations roughly half the houses in the town are in their rental program currently so I don't see that as an issue in the future as an investor as it's baked into the town's business model and not likely to change.

My observations: it's harder here than "down the hill" to find good contractors, tradesmen, etc, or at least the good ones here are too busy. 

Part of the space would be used by the owner/operator for his business (I am an investor in his business) and we would lease out the other space. 

I had a calm today with Royal Legal solutions as I own three businesses in California and need to move them to a trust and start shielding myself and succession plan as well.