I sell land to both the major homebuilders and more boutique builders. 

However, I have a few concerns:Pros:Living condition: 1400 sqft → 1700 sqft with some boutique featuresThe rental market seems good in this area.Another property is added to my existing real estate portfolio, which currently includes two other properties.Cons:Interest rate: 7% - No guarantee of decreasing the rate, which means there might be no opportunity for refinancing in the future.The current home is too new to be rented out.People often say not to buy property in Chicago due to high taxes and low appreciation.There’s no necessity of moving since I have a decent primary home.Any professional advice would be helpful. 

From $400-500k boutique hotels, to Lake or Riverfront RV parks for $1M+ to 300+ storage units for $2M these are not institutional asking prices (as are common in neighboring States.) 

He opened up a 24 unit, ocean front boutique hotel.

We're more a boutique than behemoth shop, but still there's been a noticeable increase in calls.

When we were smaller I had reached out to some boutique linen places and they were giving us deep discounts on the linen provided we advertised linens by X. 

I am a part of partnership (Let's call it Partnership A) that owns several holding LLCs and that is about to go into a partnership (Call this Partnership B) to buy a boutique hotel.

I'm a heavy advocate of boutique hotels being the next focus of experienced STR operators.

Boutique smaller PM companies are without a doubt the best option for owners right now and many owners are learning that the hard way after having bad experiences with Executive Villas and the like.  

Purchase price: $635,000 Cash invested: $200,000 Built in 1880 as a single-family address, this rare three-story grand brownstone designed by Ogden and Wright was purchased by myself and investors for conversion to a boutique hotel.