It's shared rooms but controlled by the hotel instead.

Pro-tip:Alongside expanding their market, his company also started doing some of their own organic marketing and taking more control in house, working out new marketing systems.

I know that it's not scalable, but that's one of the areas I have trouble giving up control of my business. 

@Mallikarjun Reddy Pateel thanks for the question...curious to see some responses.My prediction with these virtual management companies is they evolve to control the industry, or fail miserably and take all their clients out of the investment industry when they fail...they are reactive management, and that is recipe for disaster...who is walking the property every quarter to make sure the gutters are not clogged and backing up into the basement, destroying the foundation...or interviewing tenants, and keeping rental increases regular...are they actually addressing tenant needs?

I have been successfully managing projects for over 30 years and will be happy to answer questions regarding ways to control your projects to keep costs down and quality high.

I understand the concept of controlling properties to build wealth and the benefits that come from finding a deal and using the banks money.

Unless you agreed to completely back off and let me bring in new subs and have 100% control of the job...People don't understand....when you as an owner are too involved and micromanaging, plus have your own subs....the GCs risk, exposure and potential liability go WAY up...

Lenders often have no control over appraisal, which is intentional to protect the bank or to meet underwriting requirements.

Control and safety are good but sometimes growth requires taking risk. 

Well worth saving that extra 20% and controlling who is actually in your property.