Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

If you go in that direction, I highly recommend speaking with multiple franchisees from each brand before making a final decision.

So, my recommendation is to reach out to an experienced agent and speak to them.

If you have never completed a regular 1031 exchange I can not recommend a reverse 1031 exchange.

If you're going to make a lot of changes, I recommend consulting an attorney to ensure you're updated on the laws.

Any recommendations on where to look in the Catskills?

Quote from @John Cho: Citing loan covenants seems like a weak excuse.https://www.wallstreetoasis.com/forum/real-estate/another-on...There's a years worth of posts in that forum but I read the most recent and I recommend LPs do the same.

Don't confuse the two.3) Treat the experience and service like the hospitality experience it should be-- all questions pre-answered, photos make it look majestic, accessibility is easy, the experience brings a follow or a recommendation.4) Manage the property manager-- ask the right questions to make sure your listing gets the appropriate attention it needs, and incentivize them to do so.That's the basic stuff. 

I personally recommend people look into an FHA on a small multi to get started.

Sold with extra lot for value increase Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?