Do you think this issue is specific to banking services or what do you think is the root cause?

Also keep reserves beyond your 30k for unexpected issues.

UPDATE:  After 4 days of back and forth with Airbnb CS, they finally decided to do the right thing and issue my payout for a reservation that a guest cancelled in the amount of $1,333.75. 

The handyman would reach out to the tenant to coordinate availability, then coordinate with you on the issue and fixes needed.The Smart locks are a game changer.

If there are any legal issues that I have to worry about etc. 

Fortegra is non-admitted in California and that's likely causing the issue.

We have been audited by the IRS recently with no issues.

.**** My current issue with the lender that I recently spoke with was that I had to have experience building a SFR on my own property and have sold or refinanced and held in order to be approved for the loan.

But I knew and had worked with a couple of hard money lenders often enough as well to know that they’d fund any purchase in the range I was looking to buy in without issue if my private lenders didn’t have the capital or weren’t interested.So to answer your question I already had several lenders in place that I had worked with previously. 

I am thrilled to have access daily to accounting, tax planning, business planning and Law issues I can have addressed with a team that is working together to meet all of my needs.