Hey John,Not from BP, but I have personally done that on rentals myself and I do it for clients regularly.You just want to structure Operating Agreement the correct way depending on what you do with the guarantor. 

Otherwise the process is the same.

Background is she’s about 4 months behind in total rent, original lease ended in December, now going month to month because I didn’t want to put her out as she’s a single mother with 3 kids (also didn’t have the bandwidth to go through the eviction process because this property is in another city)I hired a property manager to help and we’ve recouped a bit of money but she’s still about 6500 owed.

You could be asking for life-changing amount of money from your investor so you should be fair and ensure he or she is well educated about the risks and understands the lending process in the state of the loan.Good luck, Marco.

@Josiah B.Google sec Edgar search and put in entity namePlease note the comment that all funds are unsecured loans is not a true statement - it depends on the fund structure and offering docs - for example our fund the investors are not considered unsecured loans / lenders.

In the process, we did incur expenses for travel to our target city to view properties, inspection fees, and legal fees for setting up our LLC. 

I went through the setup process meticulously like 5 times, and it says everything is fine, support thinks everything is fine, but I don't get any booking.com messages in Hospitable, nor do the automated messages get sent out.It seems like quite the hack/workaround they have set up with booking.com so I'm wondering if it really works reliably at all.

I rehabbed a home and was caught without building permit I went through the process of getting a permit but my original plan needed a variance after the process and being denied the variance at the board meeting I decided to change the plans to build the structure in the same footprint and received two building permits.

Hey @Mario J PerezAdvantages - Processing time, underwriting conditions, paperwork requirements, not impacting debt-to-income and/or personal credit, can own many and close in entities reducing personal liability (to name a few).Disadvantages - Rates tend to be a tick higher (less and less these days) and fees will be a few thousand more per deal, can be very regional, higher appraisal costs usually (based on the need for a 1007 rent market analysis on every one), can have weird underwriting conditions (lender specific)30,000 foot view at it, but the entity/personal credit side of things make DSCR loans really helpful as you start to scale, and especially if you are doing any personal borrowing for personal homes, cars, etc.Hope that helps!

Often times, you can seek an appraisal for the structure value to help increase the total amount of renovation expense that can be put into a property.