Now if the entire block is well established in a super solid area and it just so happens to be this situation then I would move on to my next criteria - the property itself. 

The second series was just established at the beginning of January and after going through all the steps, FCB stated they weren’t comfortable with the series and did an exception for us the the first time.

Have you established your overall goals yet?

The building has been passed over by many people due to the layout, but I have a creative and viable solution (boutique hostel/hotel hybrid in well-established and overpriced tourist destination). 

At this point, they establish the total town budget.  

You can earn honorable discounts and fees overtime by establishing mutually beneficial partnerships with one lender or broker but squeezing them dry for a lot of hard work and not equal pay isn't something I recommend making a strategy

I'm not advocating he establish a new LLC without using an attorney or registered agent to define the bylaws of the agreement.

In your proposed situation, here is what I would do:1) Make sure you have a good/solid/reliable contractor that can actually do the work and has capacity to handle the project.2) Apply for the max HELOC and get it established. 

The superb amenity offerings and number of charming listings in the community have led to an established brand vacationers and guests trust.

So much better than others that the US was exporting ventilators, masks, medical supplies to rest of world.