The issue that you have, is that your guests experience will depent greatly based on the demographic that the motel building brings.I would pass and try to get a small multi-family building or see if you can buy the whole motel(to have more control).

This is based on a few dozen private lender programs that I utilize for my clients.o Rate buydown ratio: Current norm is a 4:1 ratio, or 1% fee for 0.25% off of rate.

I have a modest background in web development and have been rebuilding a separate direct-booking site to align with a broader pivot to off-platform direct booking.

I have a great base of knowledge, I have a real estate license in Idaho and an Insurance license in Utah.

Looking for some insight and recommendations based off of what worked well for others.

Local brokers in your market will know the current cap rates for the property class, mainly based on recent comparable sales.

I’m based out of Phoenix, but would be interested in any market given the right opportunity.

But it is currently a bad investment based on your ROE.

I would love to connect with you, I specialize in the Atlanta market and am based in Brookhaven.

There are many out there now and I have been looking for a tool that would help me compare a few of them side by side based on criteria given by the syndicator and my initial investment amount.