I understand how to build and maintain a multi billion dollar brand so I get the value.

Properties are valued at, and appraise for whatever the fair market value is.Most of our properties are priced at or slightly below their fair market value in today market climate.

No one has that answer, but I'm fairly certain that nearly everyone would agree it's longer than a year, and it seems that's all this capital call gets you.Next, consider why the lender is willing to make this extension. 

@Mike Donovan in Narragansett, RI we wound up with a RI FAIR plan due to the fact we rented to students.

Use surveys to gather feedback on their experience.When tenants feel valued and respected, they’re more likely to take care of the property and renew their leases, saving owners time and money.Fairness with VendorsVendors play a crucial role in maintaining properties, and treating them fairly ensures they remain reliable partners.

I am going to send an email requesting that I be contacted for these expenses, but is it also fair for me to request reimbursement?

Do you think that is fair - to be forced to pay for your manager's mistake?

With less experienced or just poor planning operators, it isn't uncommon that they spend years distributing all the cash out to the owners, and then the time comes for a multi million dollar refresh to maintain the hotel brand, and no one wants to cough up the money back into the entity.

Luckily here, but the time I'm done renovation we will be heading into the spring market - so that should fair better for marketThe other tenant dropped a bomb on me and told me he bought a house.

I believe we would maintain this setup if we purchase the property.