If you go in that direction, I highly recommend speaking with multiple franchisees from each brand before making a final decision.

The dated cabins typically need more help than say brand new construction which now are coming with pools and other amenities built in. 

For a more general philosophy on hospitality, especially if you are going into the higher end STR space I would recommend Four Seasons: The Story of a Business Philosophy by Isadore Sharp about the founding and development of the Four Seasons brand. 

I am brand new here and I look forward to learning from the best in the business. 

Since them, several other national flat fee brands have set up shop in Metro Detroit.

I'm totally brand new to MFI, but after reading, listening to podcasts, etc., on SF investing and buy and hold, and fix and flip, I believe MF is one of the areas I want to work and grow and develop.

Hoping others experienced similar with input to share, lessons learned etc.1) REFRIGERATOR: Brand new refrigerator was installed after tenant  maybe two-three years ago. 

And if your any good in 10 years you will have created your own brand and doing a lot of bizz or most by referral..

It ends in a $395M annual loss and entire brand tarnished by political spin.

Or coming out of a Ford dealership with a brand new Mustang GT vehicle.