You probably can’t put locks on individual bedrooms because that would turn your building into a hotel (unregulated, unregistered).The polite description of your plan is “folly in the extreme.”

Good afternoon allJust for general discussion.....and I know there is a lot of information not given....I was discussing with several colleagues at a recent investor meet up, on their thoughts on best practice/method to acquire another property management company in our geographic location.We were approached by another management company who's owner wanted to retire and presented us with an offer.Original discussions with the other management company(seller) had them wanting a one time payout, say $100,000.

Geographic Expansion: Don’t restrict your investments to one location.

For example, having a dog crate available can encourage guests to crate their pets when leaving the property.Promote your pet-friendly status: Make sure to highlight in the listing title and throughout the description that you welcome pets!

The first syndicator I invested with was BAM Capital as they seemed to have a geographical base in the Indianapolis area. 

You have to keep the calendars sync'd, the pricing sync'd, the photos sync'd, the descriptions sync'd, guidebooks, messages, etc, etc. 

Prospects never read the description on the marketplace. 

That typically happens when the agent gets a lead that's either outside his area of expertise or outside of his geographical coverage area.A mortgage broker can only pay you a referral fee is you sent him a real estate buyer or seller and that mortgage broker, working under his real estate (not mortgage) license completes a purchase or sale with that client. 

You can learn to do some things yourself...but make sure you have someone who has experience, who you can trust, in either your geographic area or the skill set, that you need to develop, to give their opinion. 

based on your description of your current financial affairs I would say you have ZERO chance of pulling off a construction loan .