An apartment building relies on tenants who sign annual leases while a hotel relies on overnight and often seasonal business.

An apartment building relies on tenants who sign annual leases while a hotel relies on overnight and often seasonal business.

I did this with one of my tenants - the boyfriend left her and when the BF does not pay and the lady can't pay since she relied on the BF for the other half of the lease payment, I had no choice but to get the lady to leave.

That's a pretty advanced strategy though, and you really need to be careful on senior loan balances (1st and possibly 2nd), to make sure you are covered if the first goes to sale and you are relying on overages to get repaid.

Don't rely on some info you got off the internet.

I explained that I was aware of the due on sale and had the funds should the lender elect to exercise that option, but planned to be upfront and was relying on them to prepare the paper work, whether it be a limited POA, disclosure letter, etc to the lender.  

Rather than rely upon assertions on BP, I recommend that anyone interested in this opportunity call AREC to confirm that this work can be done without a license.  

This helps on your way to using business credit more than relying on personal credit.

I hire out management, repairs, and rely heavily on my great agent to help.

You're relying on future events you have no control over.