I'd pass OR get it at a no brainer price which we are actually able too in some instances, even if it's listed.

Besides putting together the best SOW using accurate/actual quotes as @Peter Mckernan and @Alan Asriants commented above, another key aspect is tracking expenses (bookkeeping) and monitoring the budget throughout the project. 

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. 

There are tons of loans out there that use just the projected or actual income from a property vs the payment of the property (DSCR loans). 

The agreement specifically allowed KeyGlee to use the End Buyer's EMD to secure the underlying contract with the actual seller... and to forfeit that EMD if the End Buyer failed to close.

My wife actually is somewhat open to the idea of investing in Japan though.

It’s more the actual “how-to” or structuring it into the process I’m in, as I mentioned. 

Actually, have relatives in the Dallas FW area. 

Even if you filed bankruptcy you will still rack up debt again if you don't fix the actual issue

When going for a HELOC, aim high on your home’s value — let the appraiser bring it down to what it's actually worth rather than underestimating it yourself.Cash is king.