Met for breakfast then drove around to see some of the neighborhoods and walked through the properties that I had under contract.  

You don't need to tear down the place, but you will want to open up a wall and put a breakfast bar between two rooms (living room and kitchen) if it makes sense.

Because local hotels and bed and breakfast businesses are doing very well I decided to build a 10 suite B and B.

I speak Portugues and would like to get back to surfing early in the mornings and have a Bang Lassi for breakfast.

This begins to phase out when your income is over $100,000 and completely eliminated if your AGI is $150,000 or more.However, if you provide substantial services to renters that rent your vacation home (i.e. maid service, regular cleaning, cooking, etc.) and it becomes more of a Bed & Breakfast service, then you can classify your vacation rental as active income, subject to the SE tax.

The ones with an indoor pool that serve a breakfast buffet.

I was first leaning towards buying/renovating/running a bed and breakfast at the beach, but I also love the idea of buying an old motel and turning it into a sort of boutique/upscale motel.I guess my question is, what should my plan look like to accomplish this?

Same location and you can still have breakfast together, you just sleep a little farther away!  

When dirty/damaged, documentation may take 60 - 90 minutes, but it will save your bacon if you end up in front of a judge.I started heavily documenting with pictures in 2010.

It is not great as a place to learn from successful RE investors.Wednesday: Meetup: Apartment Investor Mastery (Multifamily networking and education), Meetup: Passive cash flow (How to invest in 2020)Thursday: Meetup: Commercial REI Breakfast (Using virtual assistants to build a stream of off-market deals).