The investors must be provided a Private Placement Memorandum, subscription agreement, and operating agreement.  

Partnering with an experienced motel operator is a smart idea—it can help bridge the operational knowledge gap and mitigate risks.When evaluating motels, focus on metrics like occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR).

As for one of my other operators, I am invested into REM in 3 different deals.

This isn't 2011-2013 days but many people are stuck in that time period STILL.As I finish my licensing study, I'm very grateful I chose this route as opposed to being a one trick pony.Wholesalers did themselves in by their method of operating.  

Quote from @Jesse Valdez: When operating a business, it pays to know the laws.In most states, guests staying fewer than 30 days can be removed by police for failure to pay rent or obey the rules.

If all prospects and leads come from yourself, then you are operating your own business.

It sounds like a few people on this thread don't really understand how PMC's operate or why they may charge extra fees.

If this is correct, how much are you cash flowing each month after you pay your operating expenses and make your loan payment?

I operate from Pensacola to Destin to PCB.

With insurance rates going up, best to find areas with the lowest operating cost.