No piece of paper is preventing that and is rarely, if ever, enforceable over your freedom to choose who you want to work with.

That just reduced the number of financed properties.If you're married, shove each loan into one spouse only.

That will help reduce the overall premium as well. 

., I haven't heard that term either, but a quick Google search reveals it basically means making it permanent so the bank can't close or reduce it on a whim. 

Current financing available, construction costs and how to reduce them, appraisal trends, best practices when building on investment properties, rental values, design trends, how to minimize the construction time, ideal target markets, which city's DOB's are helpful and which aren't, preferred vendors, etc.

If you can't Airbnb it, I would suggest offering them a reduced rate to be able to keep their stuff there for the summer.

If you're not sure which you need its smart to consult with an attorney to prevent any unwanted costs in the future.

If it were me, and I could get some significant cash out or reduced rate, I would do it now.

I've hauled 2+ million lbs of rock to prevent erosion on my 3/4 mile lake shore to save the land..and have had enough stupid Govt interference and permits to last 3 lifetimes.

Prevents potential IRS questions later on about your true business start date.