Well first off, congrats on the success you’ve had with your hospitality investments—an 11% cap rate on a boutique motel is no small feat!

I know a lot of investors have done very well in Peirce County but I just haven't learned or know enough about that market to make an investment there.Washington state properties are expensive and can be difficult to make breakeven let alone cash flow at this moment due to the combination of high prices and interest rates. 

Now I’m looking into the Detroit and Ohio areas (Toledo, Cincinnati, Cleveland, Columbus) since they seem to have growing populations and affordable properties under $200k as well.  

I believe these are all POHs as well. 

You’ll want to make sure your cpa is well versed in short term rentals. 

@Jeremy Beland Well said!!!!

I also thought of paying a neighbor kid but that sounds like a stressful situation to rely on neighbors I don't really know well.  

. - I have talked to them as well.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Water from the well has sediments and water forms a yellow lining in toilet.