Or are they going to be upset about you bringing in the ‘riffraff renters’ that are going to disturb their peace?

This could involve repairing structural issues, updating the interior, improving curb appeal, or making other necessary enhancements.

By brokering private or hard money, you can negotiate favorable terms and interest rates, enhancing your overall returns.

They do not provide meaningful oversight or guidance with respect to tax code compliance.A checkbook IRA LLC is an enhancement on the above structure that is generally more time and cost efficient for investors with a more diverse portfolio.

Personally I like LTR or MTR for newer investors as they may offer greater peace of mind.

When you invest with others, you don't own 100% of the property, but get a peace of mind and get some experience as well.  

I would recommend exploring FHA and conventional options to have a little more peace of mind. 

A hotel/motel is a business and will require much more time than even STRs requiredeferred maintenance on the building(s) and how soon will those need addressed You will need 65-70% occupancy to really make money so pay attention to the current numbers and your expected operational enhancements to achieve that vs competitionFF&E: reserves & replacementssoft goods (carpet/drapes/etc) 5-7 years case goods (dressers/bed frames/etc) 10-12 years Finally note there is a huge consolidation happening in the industry right now 

This may be more for yourself, but it will make it smoother and give you more peace of mind despite the distance.7.

And of course, for peace of mind hire an independent test after the work is completed.