Hey Jason,A master lease to a reputable company may very well be a good option.If you are looking to do LTR I would suggest a move-in special. 1/2 Off the first month's rent, etc.Are they all the same layouts and finishes?

It's hard to convince a Seller that their prize possession isnt worth as much as they think it is.Out of curiosity, what valuation strategies did you use for the hotel?

I would get a second opinion on this from a CPA who specializes in real estate.

My family also has benefited from really high appreciation in the last 10 years due to a lot of northern Europeans, specially Germans, British and Swedish people who have a higher incomes and net worths than locals, buying a lot of the real estate in the nice locations. 

They specialize in vacation rental turns and offer some pretty nice features like automated scheduling & cleaning reports.https://maidthis.com/fishers  317-792-5524

Look at the entrance aprons which is the commercial name for where the cars pull into the parking lot they are special cement design. 

You are in California (and guessing the property is)...contact a lawyer that specializes in evictions. 

We specialize in "Builder/Investor Spec Construction" like you're doing here, so I can answer this for you.

I'm currently looking into dropping my wealth management team and hiring someone (CFA/ tax lawyer who specializes in RE?) 

Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.