Sounds like it would be very difficult to move.If you aim to buy it, then you might want to research similar motels on loop net  and/or thru brokers, find a LOI template for a hotel, build a buyer's list, and approach a bank/ private money.  

I've had good luck using this approach. 

If I'm in Southern California and I'm looking to invest in New York, do I approach banks and brokers that are here in CA, there in NY, or does it not matter?

I'm looking for feedback on if this approach is a good idea, or a bad/unethical/shady idea.A tri plex goes on the MLS on Friday.

Approaching someone that can produce a written lease that ends 18 months for now and they don't want to go.....be ready for big money....or simply honoring their lease terms.  

So, I can't approach them.  

(we had one couple approach us 2 or 3 times, and back out every time, they just weren't "ready", which is fine, but as a landlord, I need to get the house rented.  

Hello everyone,I am currently trying to decide the best way to approach buying a 2-4 unit property.

An acquaintance approached me because she knew I was getting into the business.

I have personally had a few investors that approached me that I could not assist.