The value of the hotel is based off of how well it's being operated.My advice would be to get a job in the hotel industry.

Going back to a W2 is not what I want to do, at least not in my old industry. 

I’m based out of Lehi, Utah, and have always been fascinated by the potential of real estate to create opportunities and build wealth.After spending time learning about the industry and what it takes to succeed, I’m ready to dive in and start making deals happen!

I listened to all the previous hearings and the general sentiment was acknowledging that STRs are critical to the area's massive tourism industry and just banning them is not wise for the local economy.

Beside the government regulation and insurance shutting down certain markets, STR industry will continuously grow.

They have a NEW TITLE AGET KIT FOR BEGINNERS accredited instruction here: (and association membership for those in the industry) https://www.alta.org/career-and-learning/webinars-and-traini...

Regarding DTI - mortgage industry will alllow around 40%, but tenants tend to pay a higher percentage of their income to rent/housing than homeowners.

A little about me: My husband and I live in the SF Bay Area, we have a 3 year old and a newborn and we both work W2 jobs in the biotech industry.

The more rehabs you do the better understanding you will have of the market for contacting work and materials.Doing a rehab every so often prevents you from being sharp with your budget.For those with limited exposure, ask others in the industry and always run your numbers based on being overbudget and overtime. 

Historically industries have been killing competitors in this way.