Also fyi the city has a short-term rental zone look up site that you can punch in any address and it will tell you if it qualifies for new license.

Talk to a lawyer, but I wouldn't be too concerned about acquiring property after she has been served divorce papers.if she hasn't been served, I'd address with a lawyer.

@Kyle Mitchell1) I like podcasts that focus on tools for success (practical) or lessons learned form mistakes (detailed).

If anyone wants more detailed information, please feel free to ask.

The one thing the commercial loans do not offer is the 30 year fixed at a rate competitive to a conventional non-commercial residential loan.Hopefully someone with more experience on commercial loans could provide more details. 

I am going to include my real scenario with as many specifics as possible so I can get the most detailed advice, I could use it.

If you message me some details I can keep you up to date with real-time information as we figure out this fast-changing situation. 

Hey Tate, here's what my commercial lender @ US Bank uses for pro forma debt coverage calculations if he doesn't have 2 years and YTD historical data (basically, seller's schedule E's)Vacancy: 10% of gross rents, unless there is sufficient market data at the bank's disposal to justify lower vacancy rates for the type of asset in question, OR detailed historical vacancy data from seller.Management: 3% gross rents or actuals, whichever is higher, with property management agreement provided to close.Cash Reserves: 3% of gross rentsTaxes: Actual data used.Insurance: 3% of gross rents, or as shown by insurance policy.Operating reserve: 20% - 25% depending on the type of asset and amount of historical data provided.

I am going to include my real scenario with as many specifics as possible so I can get the most detailed advice, I could use it. 

any actual detailed insight to how this works would be greatly appreciated.