I attend 3-5 meetups monthly and we have local meetup https://www.cirpp-live.com/ been arounds since 1974 and we meet twice a month (one network night at local spot food, drinks, socialize and one day 1130am-1pm guest speaker and food at I-Hotel on campus) that have found vendors, private lenders, etc.

Do I focus on hotel conversions or core multifamily deals?

You do not have to pay for them staying at a hotel, that is on them and/or their insurance. the tenant does have the option of canceling the lease, but you do not - unless the property was severely damaged or destroyed.

I'm scaling into a commercial property and starting a boutique hotel.

Meet once a week, hell go 2ce a week. rent a hotel conference room and go have fun down talking wholesaling and wholesalers.

Tropicana Imploded Early This Morning: The historic Tropicana hotel and casino was demolished in a dramatic implosion, marking the end of an era.

Does the idea of owning a small hotel excite you?

We own an 8-unit boutique hotel and our biggest challenge is keeping our ADR up (or be able to get through our slow season without negatively cach flowing.

I will be managing all booking, renovation, and maintenance operations of the STR (besides mandatory front desk operations, and cleaning - required to be run by the Hotel).

STR's still offer value over hotels in cost per room and offer things like private pools.In back to back storms we had 14 out of 65 units damaged to the extent of taking them offline.