If the numbers check out and you’re willing to learn, this could be the perfect stepping stone into hotel investing.

@Ben LeybovichI think in the perfect world, new investors would spend enough time and energy learning how to analyze properties themselves, what the various calculations mean, etc.

I really can say that everything needs to be perfectly handled without any room for error.However, you do not need to go and study all aspects of Dodd/Frank, Safe Act, Senate Bill 43, the Property Code, the Finance Code, insurance law and all case law regarding wraps. 

So, you go over budget FAST.So, your Scope of Work (SOW) MUST be very specific as Mr Perez learned when contractor didn't put in new outlets.To "perfect" your SOW, suggest you walk the property with 3 contractors and ask them what needs to be done.

It's like the person who goes and buys a bigger tv because it's 40% off when you had a perfectly working tv.

With VA loans, you’ve got a huge advantage to get started with little to no money down, and military bases are perfect for long-term or short-term rentals.

@Tyler KeslingThe Heloc into the DSCR makes perfect sense.

@Wale Lawal said it perfectly!   

Items or features in this quadrant that aren't there won't be missed, but if they are there, they will be expected to operate perfectly.

A.I. in R.E. is not yet perfect.