I was forced to take a deep look at all possibilities and account for them. 

Would I be required to form a new business account and credit card? 

She created multiple fake accounts to post these reviews.

The definition of “bad deal” here would relate more to the opportunity cost of such investment compared to other investments (financial markets), than a real financial loss for the investor (i.e. ending up with less cash than originally invested).Let’s now modify a bit our assumptions by including some inflation in our model (say 2%, in line with historical average).

To determine how much they are willing to lend, the will need historical financials and a current rent roll of the property in order to determine the NOI. 

Account Closed.

Personally, I hold properties in an LLC (all banking is done with a separate checking account in the business name) and insure for roughly what you have in your first quote @ 100k liability and $5k medical.Not sure who you got your quote from but it seems a little high for the value of the property.  

@Phillip Denny When it comes to IRA, you can convert an IRA into self-directed IRA account or open SDIRA if you're qualified, or in some cases into solo 401k if you're qualified.

Though I would recommend talking to a local bank and accountant for there opinion on how this could work. 

I have accounted for those things.