Also any tips on how to deal with tenants from a previous owner?

The motel we offered on was utilizing Airbnb solely for rooms, and I think there’s good opportunity to utilize STR OTAs and hotel booking sites to bring in customers.

Thank you @Michael Baum for the caution, @Lien Vuong for the neighborhoods insights, and @Cliff H. for the tip.

Airlines showing signs of weakness which translates into weakness for hotels as well.Refinancing will likely be an issue as loans come due.So just like multifamily and office there will be fallout. 

Specifically, we are looking for tips on how to secure deals for fix-and-flip projects in such a competitive market.Thank you in advance for your help and guidance!

I appreciate the tips in finding the correct support.

Any tips or recommendations are greatly appreciated.

Hotel/Motel, Condo, Apartments all have had substantial rates because a lot of companies have either stopped writing the business or non-renewed it and the companies that will still write it have to take premium because of the risk they're taking on.I know that doesn't help you at all but my advice would be if you have an independent agent who you trust and like and believe they're doing the best they can for you stick with them and let them work all the markets for you.

I am wondering if anyone has any advice, pros/cons, and tips on investing from out of state.

Guest Communication Tips: Making Your Airbnb Experience SmoothEffective communication is key to great Airbnb hosting.