Lenders are most picky about restaurants because they are really easy to kill.The lender doesn't require the restaurant to be owner-operated, but they'll need proof that your management staff has a robust resume in the field as well.I'm not sure what you mean by an "arm's length" transaction.I hope that helps.

Originally posted by @Dustin Smith:Good luck finding hard money in ND.

Those who stood by me ran away, leaving me to start from scratch in a new world.''

Start by talking with banks. 

I've heard so many horror stories, and know I am bound to have some myself, but what are some things that can prevent disaster by including in your lease agreement?

Oregon lifted the ban on co-living/rent by the room in 2022, yet the county is completely unfamiliar with the concept. 

High quality hotel brands are owned by investors and  triple net leased to management companies.

We added some hardware, and it turned out great. 

Is there such thing as 'abandonment' by agents?

Remember to celebrate your milestones, no matter how small, and continue to learn and adapt as you navigate the ever-evolving real estate landscape.