This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

But if you're willing to take a tiny leap of faith, I think the returns are solid, the diligence and the integrity are there, and the states/markets/submarkets and the asset class are thumbs-up.

IMO a big reason why so many people are hurting right now is because the underlying asset only makes sense using this one strategy STR.

I've posted about Boutique hotels previously being the next high value investor asset class.. there are several examples of properties that have made 2024 improvements and nearly doubled the income and asset valuation.

Selling the current assets to roll over to other assets to alter the operations and performance. 

I don’t want my lack of experience with motels to stand in the way of making this opportunity a success.I’m primarily looking to connect with investors or operators who have experience with motels to learn more about this asset type.

When we create our business plan, we also include our exit plan.We'll only proceed if we can clean this up, acquire new tenants at higher rents so we can increase our NOI, which in turn should reflect our cap rate and profits.Since this asset class is new to us we will tread cautiously.Scheduled to preview tomorrow. 

This allows the owner to “write off” the value of disposed assets immediately, rather than continuing to depreciate them.

In my experience, most people are better off just trying to sell their portfolio and buy a larger asset.

The alternative is to set up a self-directed IRA, or better, a truly self-directed Solo 401k plan, invest in alternative assets, and then do the conversion.