No need to load up on stress with the new house and baby, plenty of time.

If you're inviting external investors to consider your deal, I would make sure I could answer the question of "is it legal to operate in the model that I am pitching?"

I thought uncollateralized loan interest could be written off as an operating expense in the year taken.

i.e. cafe, lounge area, art gallery space, co-working creative space.I would first like to:1) Build up a larger client base for my brand online and see the the need for a brick and mortar location2) Evaluate the trend of brick and mortar retail / coworking space going forward3) Store up enough cash reserve to accommodate the increase operating expense tied with a commercial retail lease4) Gain commercial residential experience which in my opinion has less risk of vacancy. 

We shouldn't operate from the presumption that someone is being unethical in their business dealings.

I realize the use of the word "typical" is loaded please take it to mean usual or common.Scenario:Property Value: $125kLoan Value: $100kLTV: 80%Rate: 12%Points: NoneTerm: 15 monthsCollateral: 1st position leanQuestions:Is the interest rate expressed in terms of APR or something else?

NOLs (Net operating Losses) can only offset 80 percent of taxable income in the carry-forward years.

As a TK operator, we are seeing no slowdown. 

On the other hand if everything about your business is operating on a raisers edge it does not take a correction to sink your ship.

I've created my SOP (Standard Operating Procedures) for the organization and have lots of perspective from the stakeholder experience of a renter and lessons learned from the PM company owners.