Worst of all, insurance companies are often not required to pay in the event of gross negligence, leaving the homeowner to pay the damages.So what is "Egregious or malicious behavior"?

I will start researching and talking to some lenders to see what their requirements are!

But they as the bank are not going to require 100 pages of paperwork.

If I'm required to do that (which I think I may be) I'm going to have to pay $800 state franchise tax every year, for each LLC.

It appears they restructured to actually do more flips my buddy has a decent social media presence and is boasting about his last two flips and the profits are about half of this one and required 1 million in capital.

These require lower cash invested and you might be able to access lower interest rates that way, so short-term value fluctuations won't matter so much. 

For the 2nd one, I timed it so I was down there for the delivery.For decor and all the misc stuff, it was a combo of ordering what I needed online (Amazon, Wayfair, etc) to my personal residence, and then I drove everything down there.

I'm licensed in 20+ states, and none of the ones I'm licensed in require the disclosure of insurance claims that are not flood insurance related.

@David Friedman there are generally a few brokerages in each market that heavily deal in the restaurant space, it would likely be good to get on their radar, and to @Evan Polaski 's point, having your data/features on hand to "pitch" the site is likely a good call.Other items to note would be just to understand if the current configurations of the retail spaces could be reconfigured for a restaurant, things like grease traps, larger water lines, patio requirements may all be things they are looking for.  

I assume this is now a default that Airbnb has set that requires you to have a license, or you are automatically defaulted to 30-day stays.