The hard point with an adaptive reuse is when you need to incorporate the appropriate staff for the extended stay hotel angle you need the property setup (reservation desk, offices, etc...), additionally there is a marketing aspect to target the people who would be utilizing the short term stay yet longer than you would with a traditional extended stay hotel. 

Observation: if you have a corp, your State of incorporation will likely charge an annual minimum fee.  

Make sure the listing has an Instagrammable space with a unique hashtag incorporated in it so the social media posts increase.Happy to share some more ideas...this is off the top of my head.

1: If I was in charge of creating the app I would implement AI to get more information on properties and determine comps.2: I would completely redesign the GUI(Graphical User Interface) because even the website could be improved it looks like someone with little experience created it which was smart to do in the beginning but now you guys have more money it’s time to upgrade.

This could help offset some of the high construction costs and enable you to offer lower rents to tenants.2.Consider mixed-use development: Instead of solely building apartment buildings, you could also consider incorporating commercial spaces such as retail stores or offices into the development.

Their insights highlight the necessity for a careful approach to vapor barriers and insulation, emphasizing compatibility with the building's original design and moisture management needs.Here's the plan:Ceilings/Attic Floors: Elevate insulation to R-38 or above, incorporating vapor retarder paint or smart vapor retarders for optimal moisture management.Walls: Boost insulation to R-13 or more, utilizing smart vapor retarders or materials with adjustable permeability.Basements, Crawl Spaces: Increase insulation to R-19, targeting ground moisture and internal humidity control.Materials: Opt for eco-friendly, breathable insulation and vapor barrier materials that preserve the building's historic charm.This meticulous approach elevates the property's energy efficiency and moisture management, enhancing its value and ensuring a profitable return without compromising its architectural integrity.I'd like to hear your thoughts, experiences, or any advice you might have on integrating vapor barriers and insulation in renovating historic properties.

Particularly, some partners and I were discussing some of the newer tools out there that incorporate AI as well as more advanced processes and what may help us.

I incorporate this cost into the lease or agreement.

An info graphic about private money lending that may be useful. 

Some unincorporated counties, that traditionally are more laissez faire about land use than incorporated cities, are starting to restrict or outright prohibit short-term rentals.