Coastal development is much more complicated than projects further inland. 

It’s been a while, but I supported the Expedia project in the former airport terminal space years ago.  

This is the most basic level of protection and it is not very effective, but it is still better than nothing.

But they have no website they have no license and they do not market its all word of mouth.Whats happened basically since the GFC is that HML s  have started to market themselves as PM lenders with the Rouse that they are private there for to the layman borrower that means cheaper rates and easier qualifying.. 

There used to be people who work the "overages", basically contacting people and setting up a way to claim the overage for a % of what's due. 

Could readily be up to 40% in taxes depending on the circumstances.Assuming this project was gone into with the intention of flipping it (that is the wording you used at least), it is self-employment type income subject to ordinary income tax rates and self employment tax. 

If you could decorate your STR with $350 worth of paintings, you would need to justify spending $3,500 on the same project if it does not have any economic benefit for your business. 

Borrowing money from a bank for the whole project is not feasible.   

Having both for us is a great benefit as the management team manages the assets and knows what they are doing, in the same token our finance team can run models and take historical data and use that data for some of our future projections.

Following the advice of several of the books I have done some basic investigating in different markets out of state, as landlord laws are not very friendly in OR and houses are more costly than other areas I’ve looked at.The markets I’m considering are Cleveland, OH; Cincinnati, OH and Raleigh/Durham, NC.