Final Thoughts: If the deal is really solid, raising the money will be the easy part—capital always flows to good opportunities.

🥢🌦️ January Weather in VegasHighs: 56°F–60°FLows: 38°F–41°FHistorical extremes:Warmest: 77°F (Jan 26, 1975)Coldest: 8°F (Jan 13, 1963; Jan 25, 1937)Average January precipitation is just over 0.5 inches.

I won’t be touching the cash flow for many years, just looking for rent stability and some growth.Any thoughts or advice?

The US is running a $1.8 TRILLION DEFICIT (negative cash flow).  

Just speaking from a cash flow management/account structure perspective.As for someone being in the real estate accounting industry for over 2 decades, I can say that State Law compliance is big on this.

All it takes is one non-payment or messy eviction to set you back months and even years in cash flow.

Basically, what these guys did to some of our Real Wealth Network members allegedly is:- GEG showed RWN some of the properties they had renovated and leased out to prove their business model- They told our members via a webinar that they buy, renovate and sell rental properties below market value to investors with 8% cash flow- They said they offer non-recourse financing at 50% LTVIn reality, GEG sold properties that were not always renovated - even if the price point reflected a renovation.

@Sam HendricksenMultifamily is super competitive in this area and you have a huge advantage over your "competition" with the fact that you are owner occupying as most deals nowadays hardly cash flow. 

Hotels are the baby of real estate investing and running a business.Unlike any other commercial asset class, hotels are extremely labor-intensive to run but can spit off ridiculous cash flow.

Main reason to split the lot would be to maximize the lot for cash flowing rentals.