I suppose the discount in fees is attractive, but I'd invest in experience with market fees over investing in inexperience with discount fees any day.Plus, how much did it cost you to put yourself in your situation?

Profit margin was a bit thin on their asking, especially seeing as I felt it needed maybe 15k to bring it up to snuff.Doing that would increase the nightly rate by maybe 15-20%.

Tends to attract a younger /trendy crowd.

If the predictions of interest rates continuing to go down are true, then we will likely see another big uptick in property prices as interest rates get down into the 5% range and buyer activity increases.

So more risk means a higher projected return (but of course also increased chance of not achieving it).

But, the better you know your market and how to analyze deals, the more you will attract serious investors. 

As things started opening up, though, the attraction for the food truck park wasn't as great.

Furthermore, as the total dollar size of the project increases it becomes increasingly difficult to bake the necessary soft costs and inflated budgetary numbers into the loan (whether it is rehab or new construction). 

Many years later when we had a much larger case study, we found a huge increase in delinquency and evictions with our residents who had credit scores between 560-580.

Depending on where you are looking to buy location can help increase cash flow.