.$500,000 * 0.80                       = $400,000 Assessed ValueAnd then $400,000 * 0.0045 = $1,800      Property TaxSo $1.8k yearly property taxes is correct?

This could make your ADR less competitive, but if marketed correctly I'm betting that people might perceive more value, which keeps occupancy at least the same.I'm thinking of a model where you tell guests they have "add-ons included" like grocery delivery, prepared breakfast package, attraction tickets, inner tubes, etc.

And my PMS provides damage insurance, but you could with something like Waivo. as far as taxes, the PMS applies the correct taxes and I submit them every month, so that isnt an issue.as for resources, just search this group, the topic comes up quite often.

The correct answer to stay or bail is an individual one.  

Keep in mind GDP is not income and taxes, thus we are far above our economic spending level.Drunks, drug addicts and gamblers have to hit bottom before they will self correct.  

We found the correct home, now trying to work the deal/paperwork for the real estate acquisition but could really use some mentorship and/or a real estate attorney (Colorado).

You are 100% correct those things do arise in bucks county RE.

also, you are correct about the $4500 upfront cost.

Maybe we need to give it some time for all the syndicators to start pinging you.I would say you are correct that doing a JV with an operator is likely to be more lucrative than a true syndication.  

If I read correctly this is fairly new?