Thanks for starting this post @Todd Powell as it on my mind 24/7.I’m 45 years old and have 3 children ages 7-13.

Some of the things the lender needed in order to approve the loan:Three years tax returns for buyer and seller/business12 months of bank statements for the businessEnvironmental inspectionCommercial appraisalBusiness plan from the buyerList of all furniture, fixtures and equipment with estimated values and serial numbers for anything over $5kLife insurance policy on the buyer naming the lender as a beneficiaryOther random things the lender or SBA asks for along the way In Michigan, licensing isn't a simple process.

You want to see if they have children or it's a sniffer lost and found

Families often do not want to cross Coastal Highway with young children and all their beach gear in tow.  

Those children will be blessed with this learning experience.

What quality furniture does it need?

She had told me that she had fixed all the things that I noticed on her pre-move out inspection, but she had not done any of it decently, ruined the carpet, ruined the paint, left a cockroach infestation, left mattresses and furniture in the front lawn, didnt cut the grass, etc etc..

I put in some updated furniture based on the recommendation of the property management company I hired.

Probably going to take me at least 4-6 months to rehab, couple more months cultivate AIRBNB furniture.

Let's say you own a single family home and you're married with two young children.