Hopefully those that stayed on the sideline until the 'time is right' will start underwriting specific deals and recognizing path of progress opportunities that offer multiple operational and exit strategies.  

Alternatively, DSCR loans offer long-term financing with lower rates, but they come with more complex requirements.

i.e. getting outbid on offers, properties become unavailable before you get a chance to see them, etc...You are not alone!

Sloan, he seems to be knowledgeable about commercial real estate and after peering over his website briefly, it seems that he offers personalized training to people new to the business. 

If you are interested in these options, reach out to me and my team can go deep with a couple of our lenders that offer these programs. 

I think the safest approach would be offering the package at a certain price and excluding the alcohol.

I completely agree that luxury rentals need to offer more than just aesthetic appeal; they need to resonate with tenant expectations and justify the premium rents.

The city wants to tear the property and surrounding properties down Zillow said it’s worth 38000The city offer me 13000.I could use some adviceHard to give advice with limited information, but as a general rule, the longer you wait and the further down the line their project is the more valuable your property will be to them.Zillow (and all automatic online) estimates are very unreliable, so don't base on that.

Mohammed, thanks for taking the time to offer guidance.

Both offer unique advantages, but understanding the trade-offs is crucial for making the right decision.