You are in a much better place than many new investors with the capitol you have saved and the ability to use a VA loan.

Having the ability to respond to this stuff right away is critical, whether it's a holiday weekend or pandemic like now.

With proper screening and a diverse pool of applicants, you'll likely have the ability to pick the very best that won't tear up the property.

You are buying a bed and events venue that will sink or swim based on your ability to self develop local marketing for : weddings, corporate dept getaways, mastermind meetings, anniversaries, birthday parties, religious getaways, sports recruiting events, sales conferences, corporate team building, family reunions, off site tailgate parties,etc.

The carrier would only offer $1M on the renewal and did not have the ability to offer the previous $3M limit due to market conditions. 

The ability to follow through and deliver what they say they can is in many cases far more important than the rate. 

“True intelligence is an ability to clearly see another’s point of view without having to accept it” - some smart person Good Luck!

This could open up doors for off-market deals in the future- Access to market data- Ability to sell your own deals and collect commission to offset licensing and mls fees. 

Noteholders have the ability to sell small numbers of payments at a time.

There the people with good business skills, an understanding of modern marketing strategies and tactics, sales ability, management skill, industry knowledge, local knowledge, construction knowledge, and the basic business requirements like dedication, persistence, and analytical ability.