The key is hiring the administrator that understands beyond the typical Wall Street casino "managed funds" nonsense and into the realities of secured lending.

It reminds of the people who go into the casino, and melt down at the table when bust on there last $ and start screaming at the dealer that they "should have" won that hand, gotten so-n-so's card blah-blah-blah....     

casino en ligne fiableCheers.

Quote from @Eman Tai: @Sean O'Keefe could I get a copy of the log book that follows the IRS guidelines? 

In Bryson City you have a popular tourist train (GSMR), one of the largest casino's in the Southeast, the Nantahala Outdoor Center, the second largest lake in NC, and some of the most notorious fly fishing rivers in the US. 

Any iota of diligence on Tai would've told you no thanks.Clearly,  there wasn't any diligence.

Shiny new markets feel like opportunity, but they are casinos if you do not understand the tenants, housing stock, and politics.

Case by case.Mixed or multifamily is usually up to 90%, rates starting 2.75%.The preferences are to construction, luxury properties, hotels/resorts/casinos, but again, it's construction or NNN for up to 100%, whereas the rest is 75-90%/

Is it the combination of casinos and the college that makes short term work there? 

The casinos may be required to invest in the community or do funding.