I just did a Hotwire and Booking search with my proposed dates of 5/22-5/29, and the prices were essentially the same for good hotels in the area I usually stay in.

@Pat Marco That is an interesting strategy that I have not heard proposed before.

There is town ordnance being proposed to regulate short term rentals and the growth of online sites (Air BNB, VRBO) is being blamed for a couple noise complaints that are nothing new nor happening at an increased rate. 

Subto it a tough sell, and you want to understand it before proposing it.

The "proposed rental income" for these units will be determined off a "fair market rent analysis" conducted at the same time as the appraisal of the property.

You could currently do a partnership with the terms you proposed with a DSCR loan.

I use and propose for others the following  1)  Traditional lender- banks and loan traditionally sold through mortgage brokers, made primarily on the credit of the borrower.   2) Hard money loans - Loans made primarily based on the value of the asset   3) DSCR loans- loans made primarily on the debt service coverage ratio of the property   4) Private money - Friends and family that lend primary because they know and trust you.

Pursuant to... a contract case ...The Florida Supreme Court has adopted twelve factors that should be considered when determining a reasonable (attorney) fee.i) Time and Labor RequiredThe Court found that 40.6 hours was reasonable and necessary....v) Customary Fee in the CommunityThe Court found that the market rate for the hourly fees charged in the greater Central Florida area including Orange County, Seminole County and Volusia County by lawyers of comparable skill... is $350.00 to $425.00 per hour.vi) Whether the fee is fixed or continentThe Court found that the Plaintiff’s attorney’s fee in this case was wholly contingent.vii) Time limitations imposed by the client or the circumstancesThe Court found that the client imposed some time limitations for a speedy return of her deposit.viii) Amount involved and results obtainedThe amount involved the return of the tenant’s own funds which were returned in full to the Plaintiff....x) The “undesirability” of the caseThe Court found that tenant’s rights cases are generally undesirable cases to prosecute on behalf of the tenants....xii) Awards in similar casesThe Court found that the proposed award of fees is not unreasonable in relation to similar cases, the complexity of this case, and the time during which the litigation was pending.

The proposal was to install a pipe with a sump pump in the basement to fix the leaking problem.

Dustin,What you are proposing is in the right ball park.