What is the response rate and actual deal rate you've had?

Actually, I have stock in a natural gas pipeline company gas would be better for me.

Its actually done a little differently  in Texas.Generally there is an agreed upon option period.  

I have two big concerns about the city regulations: 1. 90-rental nights per license year... how is that actually regulated?

I was actually born and raised in Shawnee and am very familiar with the area.

Assuming he actually is open to selling, your offer should show him that you're providing value to him by freeing up his time (which sounds like he doesn't have enough of).

How would the actual filing of an LLC assist you in the maintenance of your properties?

Some operators can do it faster, especially if they are pre-leasing and the market is hot/competitive.Maybe on the spreadsheet, or could see if lender has one, depending on what you're actually looking for.Yes, there are def specific lenders out there, as ALF itself is a niche and you add construction to it and most run away.May be able to pull some information from lender regarding the market specific questions on operations/mngmt and construction companies, and the typical percentage of total revenues charged.

He seemed to think that it was likely the Council would not approve my application for the special use permit simply because they didn't have a plan in place to regulate STRs and wouldn't want to open that can of worms.Because we are not willing to do business in a city that cannot give us a license we sold the house and found one in the county that did have a process in place, and now we are approved and in business.Moral of the story is that just because a city does not have any restrictions against STRs does not mean that they actually have a process in place to license them.

I'm actually meeting with a flipper this Thursday for a possible partnership.