If the house goes to foreclosure, then the winning bidder needs to repay all my costs, except the servicing fee, plus the remaining note. 

I understand this is a bit of a unique but I'm not trying to scam my family.

I think your problem is that USAA doesn't offer any products that account for the unique risks associated with bed and breakfast/ short term rental businesses.

If near term cash flow is the goal, it won't be met in this scenario.You might occasionally be able to structure something more favorable than a mortgage as far as interest rate or repayment schedule, but I believe that will rarely be the case. 

That is a big issue here in Denver and in many other cities, but everywhere is unique. 

@Jake BaronThere is no "average" that an accountant will carry with them that will advise you saying your taxes will go up or down $$$ based on a certain income level.That answer is based on a wide range of scenario's.At the very least, you need to provide information such as budgeted income/expenses for the real estate property you plan to purchase, in addition you would only be including items related to the investment property.The portion of the property you plan to live in is considered personal.Downpayment is not necessarily deductibleThe cost of the building(not including land) is depreciated over 27.5 years(you can only do this for the investment portion).Closing costs are either immediately expensed or added to basis and depreciated over its useful life.Ohio is a unique state for tax purposes.

Hi, I have a unique situation and would appreciate some advice.

If IRR falls below the required rate of return, the project should be rejected.Now, the real world definition:IRR is the rate of return produced by investing equity into a development project at the beginning of a project's investment cycle (this could be cash used for predevelopment costs, land close, and funds for construction) and getting repayment of original investment plus yield on the invested capital at the end of the project.

Additionally, vacation rentals offer a unique opportunity to help heal our beloved island as it is still recovering from the effects of Hurricane Maria (I go into more detail on this in my business plan).  

I have a unique situation I'm trying to find solutions for.