Additionally, I am prepared to offer either a first position on the loan or cross-collateralize with my portfolio of seven vacation rentals, valued at approximately $12 million, with $6.5 million in available equity and generating $1.4 million annually in gross rents.Given the potential of this project, combined with my experience and the collateral available, I seek advice on approaching potential lenders or investors and effectively negotiating terms within such tight time constraints.

A keen understanding of property valuation, repair costs, and potential profit is crucial for effective negotiation and staying organized in this fast-paced environment ensures smooth deal management and maximizes your success.

Thanks @Bradley BuxtonI have done very cursory investigation of the Tahoe areas, but my understanding is that it is not very friendly to STR investment (e.g. limited permits and the potential of completely banning STR's).I currently have property in a mountain resort town that is close(ish) to a metro area so we have lots of WFH employees, but it appears that the market is drying up due to RTO policies. 

Thanks for the reply, I was asking this question trying to understand the valuation for when I would complete the project for refi and potential profit.

Hi Kenny, I have found a potential private money lender to lend me 20% of purchase price for down payment.

If you are not afraid of conversions, you could potentially even venture into RM1 conversions - single family home zoned RM1 - converted into a multi family residence. 

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

I already rejected few better potential candidates who inquired to have a dog.Can anybody give some help for this situation?

Comparing to comparable STRs in the neighborhood would be the best way to determine your potential income 

The potential profit margin was great!