Took an extra 6 weeks than planned,  but ultimately got it done. 

@Diana Teng there are a LOT of potential pitfalls:(So, it's vitaly important to not just find someone that you think you can trust because they tell you what you want to hear, but you find someone that their processes seem a good fit for what you want.EXAMPLE: we do BRRR Turnkeys for clients and take numerous vides we share with them - initial, worst state of any demo, when HVAC, plumbing, electrical update BEFORE walled in, before any major payouts and of course a final walk-thru video.One thing that's accurate from all the HGTV renovation/flip shows is that you should expect and plan for surprises!

We are planning on purchasing an STR (probably condo) in the Treasure Island area of St Pete.  

Yeah this is exactly the plan!

Sadly, the joint venture property deal has not gone exactly according to plan.

Are you planning to sell your motel?

What’s your contingency plan if costs overrun?

Establish what type of commercial real estate interests you most—retail, office, industrial, or multifamily—and develop a plan around that.

Sounds like a solid plan!

You should have a ton of demand for co-living in that area, particularly if you're on a busline.If you plan to sell anytime in the near future - I'd advise against putting a tenant in there well under market on a long term lease.