So really need to do some deep market research, haha, but not so willing to pay for this, at least not at this stage when I'm just starting out.

If so, it sounds like the 1031 exchange makes sense? 

Visit the property and learn about various renovation stages, gain insights from our experienced investors / speaker, and learn strategies for evaluating deals, managing budgets, and maximizing ROI.What to expect:Property walkthroughsReview before photos and discuss transformation plansDive into real deal numbers—costs, profits, and challengesNetworking with industry prosOpen Q&A session to ask anything about the process

I'm sorry this was your experience -- that certainly sounds frustrating.

I know he will be able to give you the proper guidance that you need in order to make a sound decision.

Overall, it sounds like 21% occupancy rate at about $200 per night.

It sounds like a few people on this thread don't really understand how PMC's operate or why they may charge extra fees.

Sounds weird, but true.

I'm thinking of doing a loan with them but it sounds too good to be true and you know what they say about that. 

This sounds like an incredible learning experience!