The value of the hotel is based off of how well it's being operated.My advice would be to get a job in the hotel industry.

Other risks, the contractor walking off the job, a storm hitting and delaying the project for weeks, someone breaking into the home and stealing stuff (which happened just the other day to a client of mine), a squatter, or drunk driver driving into the house (happened a lot at my old job as a firefighter lol).

California offers great job markets and weather, but comes with high costs. 

You did an excellent job summarizing your experience.

In small spaces I have occasionally put stackable ones.

I do know managing more than 1 property is a tall task unless that is pretty much your job. 

Quote from @Lexi Lehman: Quote from @Derrick Lewis: I use TurboTenant for their other features (and tenants submit maintenance requests there), but haven't seen anything about a partnership with Lula until now.Lula doesn't cost anything for the property manager as a subscription normally, you just pay on a per-job basis.

@Nick WimmelYou can get decent cash flow and demand for rentals is likely to stay strong in the area given the proximity to major job centers in Cincinnati and Dayton

GC never pulled any city permits yet charged me (didn't find this out until the job was finished). 

He did a good job but looking back on it now I think I could've done alot better with more insight and direction How did you finance this deal?