These costs for most of the individuals are considered personal in nature (unless you have a RE portfolio that is run like a business; see below).

Please keep in mind investors, not every deal that you place under contract will close - that's just the nature of the beast when it comes to investing. 

Since I have a long-term interest in getting into hotel investing, this feels like a natural stepping stone, but I want to approach it the right way.I feel like this is such a great opportunity, especially with it being off market.

., desks and Wi-Fi for professionals, cribs and baby gates for families).Evaluate Your Own SpaceYour property’s layout, amenities, and location may naturally cater to a specific audience.A cozy 1-bedroom apartment downtown might be ideal for professionals or couples.A 3-bedroom house with a yard might appeal more to families.Proximity to nightlife might cater to party groups.Experiment and AdjustIf you're unsure, start broad and monitor who books your property.

So when we did not receive any response to our emails for several days, this naturally triggers concerns and emotions.

Natural appreciation usually takes holding the property for at least a few years (just depending on what the RE market does going forward).  

. - Many areas around the country allow for ADU Construction - house-hackers enjoy similar benefits to remodeling projects by being naturally on-site for ADU construction. 

Many people change oil in their cars themselves.

Obviously it's good from a nature preservation point of view but it's a very different from an investment point of view. 

It’s just the nature of the beast.