Welcome to the community, Randy! 

I go to vacant properties at least weekly unless they are multi-family with active neighbors.)Generally speaking, if a property isn't moving (and others in the area are), either you are priced too high or there is something lacking with your property.

It is hard to really keep up with those kinds of trends unless I budget 10k a year in updating the property which I am not going to do.I participate in our local council/mayor meetings.

Dont care about what other people are going to think.

Many don’t track this statistic as closely as they should which is why many lenders go under.

Happy to share other references and resources in the area. 

Your plan sounds good to me.

You have no way of knowing what your booking rate is going to look like going forward.

Hey guys,I live in Atlanta, but have my first subject to deal lined up in Peoria, IL.

Crowdfunding platforms tailored to hospitality investments might be another avenue to explore.