You have property rights, even though he may have some city leverage being a developer (tax revenue) you need to investigate the zoning allowances awarded to the parcel. 

SRT and doing great revenue and exceptional ROI Lessons learned?

Below is a back of envelope calculation:Gross Revenue (Best Case) 92KExpense Margin @ 35%NOI  59.8KPurchase Price 1MCR  6%I agree with most of the comments, this doesn’t look like a good cash flow investment. 

It didn’t totally alleviate check in and outs on the actual holiday but guarantees you are maximizing revenue.

-If so, then you need to get the financials on that business (Annual Revenues, Expenses, Profit for last 2+ years) to add everything into your return calculations above.

This new law allows series LLCs to acquire assets through debt.Series LLC are commonly used for business ventures, multiple investments or rental properties, or businesses that operate multiple channels of revenues.

There are hotels doing 400-600% more revenue today than they were doing at the bottom of the crisis.

Units and Revenue- questions on pricing, and potential for expansion. 

But, in a market that's flooded with that approach a modern spin on cabin style, even if some people like me might still gravitate to the traditional approach, might stand out really well and drive a ton more revenue.

to do it right you need a pretty big plot 5 to 10 acres and the cost of said in a great location usually makes them financially not feasable thats why top golf has taken off.. they can spend 50 million on a facility because it generates some pretty good revenue.. never looked at it from that stand point I suspect they are a public company..