What do you plan to do with the proceeds from the sale if you were to sell? 

How do you plan on going about your ARV from a comp-based perspective?

What is there plan after three months?

Planning on renting per room. 

When do you plan to start a new lease? 

So if youre planning on buying close to downtown, I would buy as close to downtown as possible, especially now because it is a buyers market.

They then set it up so each booking is automatically charged $70 so each booking is covered.If you're getting lots of bookings it's likely far more expensive than traditional liability insurance for your LLC that is paid on an annual basis. 

I am of the belief that more time is better and allows better planning for both landlord and tenant. 

I then negotiate with the borrower a plan for repayment or I foreclose.

I am writing my business plan and I am trying to figure out how I will include in the renovation costs from a percentage of the purchase price, This is if I even have to because of the business type?