If you don’t know what to ask, you can find a list of informed questions in this post: Questions for Hard Money Lenders.In your case, I would also be prepared to explain your business model since condo hotels are not particularly common.

speechless..I am very panic now.What should I prepare in next for court trial date?

I think I'll first try to market it as a 'luxury' student housing unit and will check with the school and their housing program.

I was told by a lender that if I wanted to put 10 under my name and 10 under my wife's name, we would have to sign a Free Trader Agreement - in basic terms, a document prepared for the purposes of waiving each party’s rights as to real estate and creating a right to obtain real estate independent of the other.

These should be people you actually know, and not an email list you bought somewhere.Approaching investors for soft commitments before you have something for them to invest in is the best way to prepare for when you do have something for them to invest in.

Read the millionaire real estate investor and you'll be more prepared than most.

The realty is that I beleived in the rosy sales pitches and was not prepared for the realty.

But, I plan to learn as much as I can (using resources such as the ones you’ve listed) to prepare for the day I have that money. 

I have a spreadsheet calculator I programmed myself on the 70% rule, detailed to my area on rehab costs etc. 

Does anyone know of a good software program to track my expenses?