@Carini Rochester, thanks for that kind shout out. 

Just trying to find out how to secure remaining 20% for seller

This is a very nice place that brings 15K-20K a month in the summer.  

(That's also assuming the higher density is what a developer is looking for in this area).Thank you for pointing that out.

This property is in the Extended Use Period though mid-2026.  

In 2021, after completing the BiggerPockets STR course and analyzing market data, we transitioned the property to a fully furnished premium short-term rental after the tenant moved out.

If this is a 1-4 unit residential loan, most appraisers and lenders are going to use the sales comparison approach.

This is a great place to learn and to connect with people so take advantage of all the great resources.

I should be finding out by the end of the month or early next month.

Mike licensed Mortgage lender who can do residential owner occ loans is what a RMLO is.they are tough to find because most work for a broker that will not allow one offs.. when I was current with my RMLO license I thought about setting up for this business but too much work for to little money.RMLO needs to be a state licensed mortgage lender and NMLS registered to do owner occ loans.