What type of area is the hotel located in? 

"I was going reply reference your typing skills and overall spelling ability."

What type of return are you promising them?

- the property is based in Garfield Heights - and that my property tax will be much higher.More details: https://brickbear.ai/share/deal/1/583 Define "area not that great"......It's a high C type area.

We’re still waiting for next steps on that one re: borrower repayment or foreclosure. what type of returns do they provide to investors?

@Stan Mendoza There’s a ton of great info on here but a good starting point is understanding your financing options, getting familiar with the different property types, and learning about the area you want to invest in.

Our investing thesis for "property type" is newer vintage homes, 2000s or younger.

You might consider hard money for the initial purchase or going with a DSCR type lender if you find something that is more turnkey.Hey!

The area has too much wealth and great education system to suffer any type of huge adjustment.

Find an architect who specializes in this type of work, and who is very familiar  with the building department