Above a 50% chance of him not getting a penny back?

Decisions should be equitable to all.

If one contractor is 10-20% more expensive from a bid standpoint, but can guarantee he'll finish the job a month faster, there is a chance his/her company will still end up being more cost effective on the whole, all things considered.The last thing I'll mention is reliability.

Keep in mind a RE bubble that was always going to burst that has been sped up by COVID, but higher price points and a trendy area should give you a high chance of quality candidates.

Any chance BP could return to the basic good/better/best option to make it easier to distinguish the membership tiers and what you get with each level? 

We try to have education and discussion with them and the banks The valuation and net equity numbers should at a minimum have an asterisk as the numbers you present could lead someone with insufficient knowledge to believe they have a good chance of being able to add an ADU as a value add, then refinance it at 75% LTV with conventional loan and with you valuation be able to extract all or their ADU costs and maybe all of their primary property acquisition. 

I would be unlikely to invest in an airline or cruise line right now; they're effectively lottery tickets since there's a good chance they go bankrupt, take on debt, dilute the heck out of me, etc.

The payroll associated loaned funds will then become a grant at some point in the future.The thing to keep in mind is that this starts off as a loan, Even if you have the hypothetical 7 million in the bank and your monthly expenses are 30K, chances are you will still apply for the loan if you're a good business man.

I'd estimate spend $6k with a 10% chance of collection.

It gives you equitable interest to allow you to market your contract.