Typical cost for the setup would be in the $15,000 range which would include production of the Private Placement Memorandum, Subscription Agreement, and Operating Agreement, Investor Qualification Forms, as well as filing Form D with the SEC, and state “Blue Sky” filings in those states where your investors reside. 

Overall I think the average hotel/motel is not doing well right now. 

What’s the best approach to establish business-to-business contracts with insurance companies?

I will say from personal experience, I think that because it is a paid platform that people take it more seriously and are more active in the community.

This community is full of knowledgeable investors who are eager to share insights and experiences to help you on your journey.To make the most of this platform, I recommend asking very specific, detailed questions.

Quote from @Michael K Gallagher: @Jonathan Greene thank you for the reminder, its often the fundamentals done well that win out time and time again.  

And it goes well beyond that.

Through this platform you will be able to network and make great connections.

After signing up for a subscription I ended up not using the service because it didn't work well in smaller markets.

Look into the InvestHer platform with Liz Faircloth and Andresa, and WIIRE (Women Invest in Real Estate) with Grace Gudenkauf and Amelia McGee.