A property which offers 1st floor retail as well would be a terrific challenege that would allow my project to have even more impact. 

As for cabinets I don't think that brand name will have any impact upon your rents.  

The benefit of using an open input model like excel is that you can adjust prepayment levels of the loan which if the loan is purchased at a discount will have a direct impact on your IRR.  

It's what sold me on BP as being genuine in wanting to help others learn about real estate investing.Right now, I work full-time in healthcare, and while I'm not ready to make the leap to full-time investing, I do want to continue to learn how to realize gains that have a positive impact on my income.

Generally required information may include: Applicant on-time for showing appointment Positive Government Issued ID Fully completed application for every occupant 18 years and older Applicant(s) able to pay complete deposit and rent deposit at time of lease signing Proof of adequate income which could include any of the following: Most recent paycheck stub Tax return copies for self-employed applicants Copies of deposit slips, investment earnings documents or Social Security earnings for retired applicants Any additional sources of income, ie child or spousal support, trust fund incomeIncome, Credit and Employment information required may include: Proof of verifiable employment and / or verifiable source of income Adequate gross income to rent ratio (2.5 to 3 times income to rent) No excessive debt which may impact applicant(s) ability to pay rent Good credit history free of negative credit issues which may indicate an applicant is high-risk and / or indicates a patternof payment delinquencyCourt Records: History of criminal activity (arrests and / or convictions by any occupant, adult or minor) which could negatively affect tenancyRental history information required may include: If applicant has prior rental experience, good references from prior landlord(s) No prior evictions on applicant(s) recordState dependent:ADVERSE ACTION NOTICE REQUIRED WHEN DENYING OR OFFERING CONDITIONAL TENANCY TO APPLICANTNote: In the event an applicant is denied tenancy, or any other form of adverse action is taken against the applicant including requiring an additional deposit, a qualified guarantor, last month’s rent, or increased monthly rent, the landlord is required to provide an Adverse ActionNotice.

At this point in many applications it is kind of like a first generation Prius - you do it because you want to make an impact or statement, not because it is cost effective.

In addition, the future interest rates are trending towards increasing this will significantly impact the home affordability. 2.   

Looking for general thoughts/advice on realistic chances of getting this deal funded through SBA or other loan structure allowing for new independent hotel construction and a high LTV in the range of 80-90%:I am a principal with 20 years of experience running an independent hotel but no development experience although I have the right team in place in terms of Architects/GC's/Engineers/Designers etc and a great location with proven demandSolid performance, track record and high ranking on travel sites for current propertyDeveloping a small 31 room boutique hotel (economy/limited service concept interior corridor) on site of current hotelOlder property in need of full tear down as life span is coming to end (built in 50's)Looking to do a full tear down and rebuild with a total project cost of $3.6mm including EVERYTHING - demo, construction, FF&E, entitlements, permits, impact fees, etc.

However the property is located close an impacted water body and over the course of the next 2 to 3 years there is a study being conducted to determine if the septic systems in my area are contributing to the pollution of the river.

For the REIs and realtors in Houston, have you noticed, or do you know if the market values for the areas and neighborhoods where homes that were flooded were negatively affected?  Area's like the Galleria, Meyerland,...