I’m curious—how have you found the costs associated with this type of funding compared to traditional hard money loans?

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

All of these things would have to be taken into account when considering if a sold comp is a comparable property

This seems like a comparatively low-risk opportunity, and you can prove to yourself that you can do it!

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

You want to compare this EBITDA across all other bed and breakfast businesses. since you already own two, you have an unfair advantage in that you can compare this one your considering buying with yours, and see if its a fair price you are paying. you can also breakdown your expenses and compare them with the business your looking to buy to see if you can force appreciate value by creating more earnings. 

This will not compare to a large apartment complex. 

Compared to wooden retaining wall store or concrete retaining wall more durable and long lasting?

Run the numbers to see how they compare to you renting.You make money when you buy a rental-getting a good deal and buying the right property. 

Better return vs risk. compared to the larger more expensive property.