We have not heard from the hotel and conference venue yet specifically, however, we've heard from relatives of some of our team members who are safe and said the damage is less than expected thanks to the floor protection systems installed post-Katrina. 

My initial thoughts are coffee shop and hotel, then watch the entire area take off.I'm curious if anyone has any insight on whom to target, how to go about targeting them, and what other metrics and information I should have on hand when the discussion is brought to the table.

Purchase price: $2,100,000 The Little Daisy Hotel.

He would like to do a 1031xchange into another property- does it need to be another motel/ hotel, or can he invest it into investment condos/ townhomes, apartment building or even a real estate investment fund? 

Like @John Underwood we provide a super clean and unique rental houses that feels like a home, not a hotel room.

So, I went to the job, showed him the math and paid him his $5,000.I own a fairly large plumbing company, construction company with licenses for 8 specialty trade, do large jobs like building hotels and underground utilities for many cities, own several apartment buildings, own real estate in several states, have no bookkeeper in my office, do all the books myself with the exception of payroll done by a part-time secretary, work in the field 6 days a week and the only thing my wife does is she manages the properties, collects rents and makes bank deposits.A wife should be a wife and not a business partner.

Have you never stayed in a hotel?

A pet peeve perhaps....but too many decorate their places like they are hotel rooms.

Currently, I have access and have completed some of the Adventures in Commercial Real Estate Accelerator Program, an extensive real estate financial modeling course, covering topics and modeling such as direct cap, key risk/return metrics, income statements (retail, hotel, office, multifamily, industrial), leases, waterfall models, acquisitions/development models, etc.

Their no longer able to live in the unit and have been placed in a hotel while the repairs are made.