You would be surprised at the number of owner financier’s that “sell” the home for more than it’s actually worth due to a borrower unable to obtain traditional financing.Example:As is Value : $70,000UPB : $72,250Rate : 8%P&I : $671.00Note Sales Price : $67,100 or 95.8% of As-is Value for investor to get a 12% yield.Now unfortunately, that is not enough LTV to get a note investor comfortable.

What are the major differences of a traditional bank loan vs portfolio lender?

It'll be very difficult for you to qualify for any traditional financing.If family or friends ever need financial help, will you be able to step in?

The options the SBA talked about was bootstrapping, which again I can't do atm, investors, which from my understanding want equity, crowdfunding, which is the direction I was going to start out at, and a traditional small business loan.

Hoping to hear from others on a few of my options for the partially updated unit (radiator heat was replaced by ductless AC and new stainless fridge+stove/oven).A few improvement ideas in mind:- Add a dishwasher (requires replacing older, painted cabinets)- Replace existing granite kitchen countertop (cheaply installed w/ misaligned seams and rough cuts, traditional in style clashes with rest of home)- Plumb in-unit laundry hookups (requires sacrificing kitchen pantry closet.

Really just wanted to get a feel for how you guys (the BP CRE Community - most of whom are much smarter than I) see our "traditional" storage investing future being impacted in the next 5 to 10 years by this new business model.  

The City Planning Commission last met March 12, 2019 and voted to limit short-term rentals in residential areas to owner-occupied properties, sending the proposal to the City Council for a final decision.The plan forwarded by the council would also place some additional limits on properties in residential areas that are zoned for mixed-use, multi-family or commercial uses, treating them the same as traditional bed-and-breakfasts and making them subject to a restriction that limits them to one per side of a block.Under the commission's recommendations, large-scale short-term rental operations would be allowed in commercial districts such as the Central Business District, the neighborhood that currently has the highest number of licenses.

-Sometimes The traditional Property management companies charge very unfair fees and this can kill an investment property.

One of the suggestions I've seen is to get a hard money loan because the condition of these houses don't usually qualify for traditional financing at time of purchase. 

Be sure that you highlight that "selling your house can be easier than you think" with the advantages of working directly with you instead of the more traditional route.