If I where to start a hotel business in Sacramento California but don't run the hotel I hair people to do that I will just own the hotel what kind of license would I need in order for me to own hotels but not run them I just hair people to manage it and take care of it.

The math I posted in my quote shows you how it's very low. 5.7% on average for rent increases is just a hair over historical average growth for rent.

I have not always been on the supportive end of education and am running like my hair is on fire to RE investing. 

What does my hair stylist do that I couldn't do?

It may seem like splitting hairs but I like to adjust for the increase in home size too.  

I currently work as an independent hairstylist but I want to work with real estate because I know it will help me with residual income (I dont want to be doing hair till I'm 85 obviously) and I'd love to help my father succeed financially as well!

A LOI is a non binding document at the end of the day.As for the counter offer what is the leverage to be offering 40% less than asking price with 20% less down payment and 2 years less amortization for -50% interest profit that the owner would agree to such a hair cut?

I know I'm buying myself a second job, but I truly enjoy doing this kind of work and keeping busy, so I'm going to choose to look at it as a hobby that might make me some money, knowing full well at some point I'll be tearing my hair out.

Dealing with them anymore than that will cause hair loss, heartburn, and high blood pressure :-)Good luck and feel free to reach out if you have additional questions!

If I where to start a hotel business in Sacramento California but don't run the hotel I hair people to do that I will just own the hotel what kind of license would I need in order for me to own hotels but not run them I just hair people to manage it and take care of it.