They won't always be upfront about this with you but if know they're selling because they want to retire, that opens you up to different options vs if they're an investor just selling for profit.

Hi Franklin, glad to have you as part of this awesome community! 

@Rene Hosman very interesting, I would love to chat about this!

All depends on the market or if you want to be one of the only properties to offer a hot tub in your market, which could potentially tip your property to a top line in revenue and occupancy. 

This ensures you can provide them with a clear and accurate scope of work.

Is this a good or bad idea?

I’m a New York City native, but purchasing any type of real estate in this area is not realistic for me. 

Engage an investor-focused realtor/broker in your preferred market (this is not a residential realtor) and start 'tire kicking' the market and properties that fit your criteria.

It takes enough of your margin, which you don't have because you put so little down in this market.

I'm an investor (STR properties), realtor, and own a construction company near Texas A&M in the Bryan / CS area but travel to the 903 frequently to visit family.