Specifically, I’d like to understand:How to evaluate motel operations and what metrics are most critical.Best practices for managing or outsourcing day-to-day operations.Thanks in advance for your insights—I’m looking forward to learning from the amazing investors here and gaining a better understanding of this space!

It was built in the 2010s and located in an established neighborhood with convenient access to schools, amenities, and major transportation routes.

You're spending over $600k (purchase price + rehab + fees) to make $25k, and then you'll have short term capital gains on that...

To access your home equity without selling, you can explore options like a home equity loan, a line of credit (HELOC), or a cash-out refinance.

Many basement access doors are not 36" wide depending on the age of the property.

How do you gain more confidence as an LP? 

I'm a very analytical person who won't start a new venture without first gaining a solid understanding, establishing the right framework and connections, and ensuring that I'm securing a great deal.

Another consideration which applies only to electric is access to the load center.

It’s easy access to the other neighborhoods   Lots of potential development space for bars and restaurants   Lake effect brewing is dumping money into a brew pub.  

Do you think this strategy gains strength if lets say... in five years interest rates are at 5.5 vs 7.5 now?