In Michigan, you have the Great Lakes and a lot of beautiful natural areas and opportunities for outdoor recreation.

So the current industry multiplier for the hotel & recreation industry around 10.51 EV/EBITDA.

Recreating the one year lease is not a big deal for me. 

The downtown area is nice and they keep adding a lot outdoor recreation.

Do you want a recreational park where people are coming to camp as a vacation or long term renters who will stay for months at a time. 

Analyze the market by looking at economic pull of the city, educational/recreational facilities, industrialization/commercialization, and medical facilities - these are just a few that will get you started! 

Hades" ;) has a very unique set of variables that make for awesome opportunity, I don't know if that can be recreated elsewhere as easily.Worth a thought though, I would be curious to hear if anyone in those markets are using the "Sandhu" method!

This group was more landlord oriented, but we are in the process of recreating ourselves to become more balanced between landlording and real estate investing in general.

A lot of places got popular during COVID when cities were shut down and offered outdoor recreation and our now struggling now that everything is back open. 

If I buy a condo through a tax deed sale that has a HOA balance and a balance with a monthly recreational lease are they wiped out or will is still owe after I buy property through tax deed sale?