Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

I want to understand all fee structures to assist in the income reporting analysis.

Competitive analysis is key—understanding your local market, pricing, and what amenities and features guests value will set you up for success.

I just know that some money is frozen and they are not taking new projects.  

If you're confident in managing the project and timelines, this could be a worthwhile venture.Need guidance on financing or navigating your first major flip?

Additionally, the property’s location in Rolling Prairie, IN, aligned well with our investment strategy, making this a promising project for collaboration with our partner Ron Rowan.

I think that's exactly what I would want to do, but I'm clueless as to how much such a bedroom conversion project would cost.

You'll spend a lot of time (sounds like you may have already) spinning your wheels in trying to find the right lender, whereas a solid broker can pair you up with the right fit right away and get your project moving. 

https://www.zillow.com/homedetails/15-Windle-Ave-North-Graft...
Hey Guys, 
I’m working on a deal that’s a bit complicated due to the subdivision of land, and I’m having trouble accurately comping the subdivided parc...

He disclaimed that it's a do-able flip but a big project for a first timer without many resources.