They are two blocks from Whole Foods, SoulCycle, and a number of coffee shops, restaurants, and boutiques. 

I've toyed around with the idea of doing a value-add/BRRRR boutique hotel and doing STR for that, but the numbers just don't make sense in Nashville/middle TN (right now).

Do you prefer big brand hotels or boutique hotels and why?

For most popular investment markets you can find someone offering these services and get a more personalized and boutique experience.

Some small boutique places have great training and some have no training.

Hey BP,We own a 7 unit zoned multi family that we run as a boutique hotel/STR property.

Self managing takes some time to do it right and you need to be committed to doing a good job.For some people self managing is a better option, for others using a PM is a better option.At the end of the day there is no one more interested in your sucess than you.30% is rather high for a PM, not even a boutique STR company charges that much!

@Tyler Cody - I specialize in SEO and run a small boutique style company - although we are on the verge of shifting towards a more holistic approach (email, facebook, remarketing, etc.)

Full luxury renovation and conversion to a boutique hotel; all 7 units operate as STR's.

Both are boutique level service and scaling well.