Fast forward 20 years: I now have money in the bank, excellent credit, live modestly on my own, and run a business that’s doing well.Unfortunately, I wasn’t able to save much for retirement during most of my life.

Little did I know even on the brand new wires he was running, he was twisting them together with no junction box!

This is a super complex business model end of the day. 

Is it on a busy street, does it have a view, etc..

The frequent travelers that like to do repeat business, cherish those basic things.

Money for the down payments that comes in like an annuity either from your W2 efforts or from owning another business.

It is a lot of work to build property (more than fix and flip) so prepare to be busy.  

Start with small goals, and soon enough, you'll find yourself turning away business.

Ultimately responsibly using leverage (both equity and debt), implementing systems and buying good assets with realizable equity  is how you scale while operating a sustainable real estate business.

Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often.