Rehabbing feeds into rentals because a make ready on a rental is a piece of cake for a good rehab contractor.I would say there are multiple components to analyze to determine which single or combination is a good fit for you.

If you know about real estate already, the courses and test are a piece of cake, and they will actually help you in your business.

Pictures are just the icing on the cake.

A few years later there was a company doing Investment bus tours to certain area in Michigan with bus loads of out of state investors who were buying like Hot cakes.

Some have been real home runs and others not so much, but this recent deal takes the cake!

However, our ROI calc as referenced above (about 22% in the first year with financing on a $93k prop) only includes cash flow and amortization equity, not appreciation (as it cannot be guaranteed, so it's more icing on the cake than anything else) or tax benefits.

@John Brogan as ridiculous as this sounds (ive been in a similar position) you seem to be a successful business man with a very healthy buisness (im guessing you have a couple friends that have a few bucks borrow from them and give them a nice 10g slice of cake when its all done for the help) Goodluck

@Ugin Rapoport Hey man, hotel condos are a tricky thing (i wouldn't recommend it the people caking are the owners of the whole project and one of there easiest incentives is offering financing themselves to you)So usually due to there desirable locations they are wayyy over priced....on top of that the HOA fees become very heavy if you are not able to rent it out and are subject to rising if the hotel adds amenities or anything of that such and of course not living there (gotta account for vacancy), Secondly the hotel is usually almost ALWAYS selling units (the ones that i've seen in miami and orlando) so when you eventually want to sell you end up competing with them and most likely wont win because customers looking for that type of property aren't in abundance (the fees push most ppl) If you are looking for perhaps at minimal result with next to nothing effort of results of around 2% annually then maybe its alright but other then that....i totally would not encourage (Just my opinion so dont hate me for it lol)

Appreciation is just the icing on the cake down the road.

It almost seems they own / work for a window company or have a connection since that seems to be their icing on the cake.