@Tariq Sabbah You want to value the property on a square footage but also with an idea of what proforma will look like and what CAP rate a NNN tenant would attract.

The only issue you're going to have is attracting guests to pay the higher prices for the newly renovated units WHILE the rest of the motel is rundown. 

As a property owner, it's your responsibility to ensure that your properties are well-maintained, attract high-quality tenants, and maximize rental income.

@Lamont MarableYou can be more specific if you have information of the properties owned by your target audience.Also provide some value to them to attract them.All the best!

Some investors like more bedrooms as they tend to attract families who may or may not plant roots and stay longer.

The reason is simple – a market with strong and steady employment trends attracts more people to live in the area, a higher demand for apartments and other types of multifamily housing, a stronger tenant base, and therefore a more reliable investment.

Stay focus on your first deal since how you overcome it will attract a lot of attention.2.

Texas, DFW specifically, looks attractive in terms of the prices of houses and the cash flow that can be established.

I'm also actually attracted to the slower, more stable economy of GB and Wisconsin. 

Think of what kind of tenant you want to attract.