Although a metal building similar to Self-Storage in concept, totally different customer base. 25 by 45-foot bays, with 14 foot roll up door and a walk thru door, with light electric.  

Look for equity growth and purchase based off total ROI not just cashflow.

Based on this information what is the best path forward to be able to push to get the money returned in full to all investors.

Your decision should be based on where do you want to be in 5 years 10 years etc.

Just trying to get a better understanding of the type of policy/agreements I need to cover all bases. 

Not in Texas.QuonticRed Canoe Credit Union, WA ORRegionsRiver Bank & Trust, ALRivermark Credit Union, OR 90% LTVSCCU Florida 80% LTV, 2.75% first year promo, not LLCSECU NC 65% LTV rate 2.75% Oct 2021Signature Federal Credit Union 75% LTV (100% on primary residence), VASilvergate Bank, CASound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv."

If we were to turn our current home into a long term rental based on comps we would be in the positive around $700-$900 a month.

Right now we have 2 units that are vacant, ready, and being marketed, and with the 'asking rent' reductions we just did to try to fill them faster (it's offseason for leasing), the estimated market value of the building based on net operating income is now $1,542,500.

Essentially everything is the same as any other loan except there is language in the promissory note that spells out how the lender will get paid based on the performance of the property and or project.

We aim to hit line drive base hits over and over with our approach.