Personally I don't have any friends or family that I would feel comfortable enough asking to lend me that kind of money because most of my friends and family don't manage their money all that well so I'm probably the best out of any of them that have money that has been managed relatively well.

One way to get more comfortable with this, is to structure any excess capital that one of you brings as a loan, with a fair, but relatively low interest rate.However you decide to structure it, I would suggest hiring an attorney to reduce the agreement to writing.

Now I'm looking for only decent areas i am comfortable walking around at night. 

STR are hard for this, most banks are slow to become comfortable with newer trends and without operating history they can't underwrite your income because you are essentially signing 1 day leases on these properties. 

Given my years of practice and the number of clients and returns we complete each year, I am very comfortable with the positions we take, and I wish you continued success.

Feel free to connect and talk about it if you don’t feel comfortable sharing where everyone can see!

I want to be able to cash flow so I do nothing unless I am flowing the $$$ at numbers I am comfortable with.

I’m planning to circle back with our host today (who is more of a corporate-type host with hundreds of STRs around the country who compares themselves to a “fine hotel” in all their advertising, and are priced like a fine hotel, which is why I feel comfortable holding them to at least some of the same standards as a fine hotel) and see if they have made any adjustments to their policy as the plot has thickened in the last week.

Get out of your comfort zone and start talking to the players in the game, create meaningful relationships that provide mutual value. 

We manage in town, but I don't feel comfortable enough to purchase in NB myself.