The fine print has been written and massaged by someone who has much more of grasp of the legal aspects of the industry than we have.  

We also through a group I am in Called gobundance they created a “one sheet” which is like your baseball card - you can track your net worth on it as well as personal and professional goals for the year.

Seller paid for 2nd independent appraisal, where appraiser massaged valuation into $305K.

There are some investors who are doing very well in Cal-City.

I guess I'm not surprised because when I call my fellows agents, half or more of them can't be bothered to pick up their phone and would rather text, or whenever they actually pick up they always sound like they are at Target or getting a massage in the middle of the day, and not actually working. 

You can add services and upsells the clients foot the bill for, like spa/massage/private chef rather than pouring more capital into the property.  

Best thing for you to do is massage your past guests into returning on a direct book and make an extra 10 -15% without increasing occupancy.

Upcharge for spa boxes, maybe a massage or concierge services, etc...Those marketing strategies will boost your bookings and top line revenue, plus make you more memorable. 

However, I can’t condemn a method of financing that has proved successful in many of not most instances in allowing participants to accomplish their goals because it’s being misused by some disciples of irresponsible real estate “priests”  Sub-To investors are slimier than the towels after a Deshaun Watson massage.

I even saw a listing that said you can have an in-room massage!