Or extract Industrial Hemp for CBD - 1000p costs 30k - Yields 10-14% (100-140p) @ $1000 a pound and being able to extract 1000p a day you’ll clear $600k min a month.

And I’m with local gubmits on this:  I don’t want a hotel next door any more than I want a tanning salon or CBD store.   

Many hotels in CBD areas are still not recovered from COVID and many are having trouble covering their debt load.I now work as a commercial lender and getting financing for hotels can be difficult.

The progression of our recovery (CRE) has obviously made sense - The top 5 to 10 major cities have recovered first with Large Class A+ properties in A+ areas (CBD's) being picked up first.

I am a full time commercial broker and we have seen coastal money come into the state as investors chase yield, but returns here are not nearly as compressed as what you will find in larger cities and CBD's.

I've got a potential opportunity to evaluate an off market deal to purchase a commercial retail property that has a restaurant tenant (focus on regional/national craft beers with tapas type food menu) in the CBD of a growing small city.  

Most deals around the CBD (including Green Point) offer a 0.65% monthly gross rental yield at best.

Would you consider renting out an apartment in the CBD?  

Spartanburg has certainly been making some strides to "clean up" and revitalize in its CBD. 

As a comparison, there will still houses with multiple bedrooms going for $500 - $700 a night a couple weeks out.Now if our place was down in the Garden District or CBD, we could have gotten more.