Hi all!My business partner and I have been working diligently on getting all our pieces in place before purchasing our first home renovation project. Currently we're fleshing out our business plan, got our LLC in plac...

May not be required, but to be on the safe side you should take care of the issue and get the certification. 

What loan terms are you obtaining these days?

If you are in Multnomah county you will need to get a a city AirBnB occupancy certificate and post the ID number on their website when you advertise since you are renting the home for less than 30 days. 

I will only lend from my IRA to keep things clean and avoid the high taxes inherent in the earned interest world.I may do something like this: Using them as a lender only, not equity partner, I would pay a minimum amount of interest as a % borrowed, but additional interest if a certain profit is obtained.  

Given that only two of the three partners qualify for a loan, would a good strategy be for the two partners to buy the property (by obtaining a 75-80% LTV) and then quit claim ownership to an LLC that contains all three partners/members?

Can you otherwise obtain higher ownership in your IRA over others IRAs who invest in the same deal with the same dollars?

Brad's group has significant brand and reputational equity in Texas, which helps with deal flow, attracts capital from investors, and simplifies the process of obtaining financing from lenders.  

I have $5000 cash and I would like to buy a MFH and renovate it if needed.Is this something that is obtainable and how can I make this happen?

In AZ it was just a certificate saying you have a septic.