Moving forward we are exploring possibly combing households due to the large size of the property and the difficulty of upkeep but there are several questions/ issues that need to be addressed so it does not put either of us in a compromised position.When her husband died a friend paid off her mortgage due to it going into foreclosure ( 210k total).

This tenant tried to intimidate me with "Legal Action". 

The issue that you have, is that your guests experience will depent greatly based on the demographic that the motel building brings.I would pass and try to get a small multi-family building or see if you can buy the whole motel(to have more control).

With regards to the legal side of fun creation, that would be their parent company Fairway America.

- Investing with a Friend: Tips on structuring partnership and legal/financial considerations?

Hi Folks, I scoured the boards but could not find previous posts specific to this issue . . .

Any metros that over built the last few years are having vacancy issues.

Anytime you see discoloration on your walls, floors or ceiling it is a signal to address MOISTURE issues.

You can see if your garage can make a legal ADU perhaps by getting permits from the county/city.

Currently under contract for a large off-market residential property.Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).The current issue is, we aren't confident the property can close with a bank due to a few seller complications.( ^Very long story, but if you want to hear it I will tell you haha)We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).But we (and our contractors) know the rehab portion will come in a bit lower.Can anyone point me in the right direction?