Why didn’t you take pictures when you visited last time?

Here's a great example: C.S. has been my dumpster-rental guy for the last five years.

However, we just looked at our first property last week that had tenants and our minds changed. 

Property is exempt from STR permitting because the jurisdiction considers it to be a commercial lodging establishment.We've been pursuing an SBA 504 loan for it, which was going well until we discovered that the sellers have operated it only part-time the last 12 years -- intentionally blocking 60% of available room-nights because they just weren't up for running it full time in their retirement. 

They don't want to tie up money in long term, illiquid investments, for fear they may need to access that capital sooner.6.

last time i was in evansville i did go to 3 local banks and was told the same by each one. 1)I'm a out of state investor2)Property's are in LLC .3)don't live in Indiana. bought Two single family and sold one and presently own a duplex w/ tenants.

;t=6s If you are looking for more information on DSCR Loans in article / podcast form, sharing this 10-part series published on BP last year in case it also helps!

I wrote a long piece a while back you might find helpful: https://www.biggerpockets.com/blog/due-diligence-ultimate-gu...Good luck!

I would like to outsource this last task, so that I do not need to worry about always being available and within phone service.

My last rehab was my most over budget ever.