Have you ever played Monopoly - 4 little houses - 1 big green hotel.Now, in the game it is presumed that you will sell the houses in order to monetize the purchase of the hotel.

Even the American Assn of Private Lenders (the organization that Don Konipol and I belong to) is going to cost you a couple grand to go to their events, considering air fare, the conference fees, hotel, transportation, etc, so there goes 20% of your capital.5.

Crazy enough, I might even rent an extended stay hotel and keep my current house.

My thoughts are in no way based on the family status - I don't care if it's adult children or friends or sister wives :)They have max occupancy in hotels.

With them go the companies, hotels, etc. which employ many.

The 'guru' system is to set-up a luncheon meeting at a hotel with a presentation and invite wealthy individuals and/or those already investing in other investments.3.

Steve Babiak, thanks but I'd have to take time out and fly in and stay there in a hotel or something until the property got rented each time it went vacant.

Taxes probably a little high and fending off the city for imminent domain so they can put up an apartment or hotel could be an issue.

The lower it is , the more it will resist wear (think of hotel lobby carpet) However we all want nice plush carpet to walk on.

If you REALLY want to keep your resident and she also wants to stay:Put her up in a motel for the next 4 weeks (surely, you can negotiate a good deal on it)OR Offer them several hundred dollars to stay with family for 4 weeks in lieu of them staying in a hotel.. a potential win-win.