These will be LTRs and I will most definitely be playing the long game with these.In addition, as rates go down in the future (hopefully) I plan to refinance as most of us do.

Your approach here has definitely given me a lot to think about in terms of spotting hidden value.Curious, with the deferred maintenance challenges you faced, was there anything unexpected that came up during the rehab that you’d approach differently next time?

Agree with Mitch that if you are going to act, would definitely recommend getting in and getting going so you can claim grandfather status when regulations go into effect. 

Hi Ryan, definitely could be a great idea!

Definitely also agree with with @Pat Aboukhaled about learning on a the Realtor.

KC has some appreciation depending on the sub market and real estate cycle but is definitely a cash flow play market.

Was last year abnormal or you think the normMy guess is you will spend a lot more than $200k on an attorney with benefits etc. but if it cuts down in expenses it definitely is something I would consider and even if it costs a little more, having control with having someone in house does reduce unknown costs and risks. 

Hey Kevin,No, you are definitely not crazy!

I'd love to learn more about investing in hotels and this type of properties, so please if you have any books/documentaries/any type of resource that I should definitely study before I venture in the wild, comment them below my post.Thank you so much in advance!

I most definitely will follow pursuit, thank you for the insight and advice.