As a result, I know there is unmet need especially since my 700 square foot loft which will sleep 4 comfortably and is decked out to the 9's with a roof deck will be AT LEAST $50 to $75 less per night than a Hotel w/ no Kitchen, etc.

I don't want to waste anybody's time, however I want to feel comfortable analyzing deals properly.

If you don't feel comfortable with that, you could use your agent.

You have to balance risk against potential return and decide what works best for your comfort level and needs.

You can place a $ cap in the agreement if it makes everyone more comfortable.

They will also take furniture, clothes, shoes, household items, books etc.

If one of us had given up a pair of Nike shoes we would be $1000+ richer.

I would check with your accountant on the tax forms...that's outside my comfort zone

I'm very comfortable with my HML, as we have a relationship at this point that streamlines my funding process, and until I can come up with a lender who will close in 10-12 days on any property I find with a 65% ARV, at less than 14%, I am probably just going to stick with this lender.

I think I would be comfortable and financially stable in either scenario so it may come down to which deal I find first.