That sounds painful no matter how you slice it.I don't see prices going up enough to cover your debt anytime soon.

Last year there were some huge, pool homes on a lake in Mango, near Martin Luther King with loads of extras for good prices, but, I did not want to live out there.

So however you want to slice it.

Lyndahl with his success in the industry.. and I know not all Gurus are bad  ... my thought process is based on the criteria expressed above.. that is a pretty thin slice of the real estate pie to go and find.especially with the intense competition these days for multi.. obviously there area deals.. but can a room full of people really expect that each and everyone of them will land one ?

A mortgage helper any which way you slice it can add more value than an additional bathroom depending on the area.  

@James ShinI am starting my own brokerage service mostly because the lead i used to get for fun(not really full time agent) weren't great and if you do the math after they take their slice doing my own sphere clients would of been more profitable.Age has nothing to do with it.

This is soft ball man! Go

Hotels can by more cyclical with REVPAR so I agree seeing lenders they like to keep that slice of overall loan portfolio smaller to curb risk.I have noticed then when economy is good people travel for vacation more and businesses hold more meetings and conventions.

You will need to do TI and pay LC upon leasing the rest up including reserves so you will need more than the down payment to stabilize and improve the value.You might want to invest in a syndicate doing larger retail deals so you buy into a larger value add deal with a slice of the investment and upside.

Plain and simple.There's no room for you to get a slice of this deal.