My biggest question is -- are the rates higher for "delayed purchase" or would it be the same as a regular purchase?

.: When you have that many units to fill, it may be wise to start off with some incentives to get renters in quickly, then remove the incentives as the units fill.Lower your price, but never lower your standards! 

are you getting incentive from Mariott?

Go look 50 years ago who the biggest companies are.

As Gino stated, I think the biggest challenge will be financing with negative cashflow.

And yes that is an incentive to buy more properties and spend more money on them.

This might be a workable scenario for me.Lack of experience would not kill this deal for us but it would depend on a few things.Usually the biggest challenge for newer investors is in the amount of equity you have available to infuse into the project.You need to have a cash down payment to secure financing.With 25% Down you would be in a multiple financing offer situation where we're just fighting to get best deal possible and batting off Wholesale Account Execs left and right.

My assumption is that she'll say 30 days is not enough time to find a new place (if she can't promptly pay her under market rent, how will she come up with first and security deposit elsewhere), will not finish paying her May rent and won't pay June either so trying to see if it's best practice to have that eviction filing in process as an incentive for the tenant to move along quickly.As a note to others in a similar situation, what I've read here in the forums that I didn't adhere to was "stick to the lease" and if someone is a consistent problem, they're not going to turn on a dime and get better, you have to protect your investment and part ways when things aren't working.Any insight appreciated.

The biggest thing will be showing the upgrades you've made to push ARV. 

That's my biggest concern.