Looking in to purchasing a small 20 room boutique hotel in need of major renovation ($1-1.5m).

[Settling into the armchair]My perspective is not so much that the Real Estate agent shall become extinct, but that the role will change - they will become a more specialised  - boutique if you will - service provider.  

With a boutique or third party property manager, your chances of getting a problem tenant (and thus dealing with an eviction) are much slimmer.

The background: acquiring a profitable ($1M gross rev) boutique hotel in Costa Rica for $1.4M.

If going only part time and for investment property purposes, you may want to look for a smaller boutique/Mom & Pop brokerage over a big name.Most of these smaller guys will not have all the franchise and office fees.

I was the Lead designer, owner and operator of one of Costa Ricas top boutique hotels (5 stars).

We are looking to build out luxury boutique designer furnished high-end homes strategically located throughout the city and focus on providing short to mid-term rentals.

I will be winding down the properties I have on Cozy (now Apartments.com) over the next couple of months and transitioning them to either Avail or Rentler (still assessing each & deciding).I mentioned the branding issue to Cozy/Apartments.com months ago in that not every rental property owner wants to (or should) be under a generic Apartments.com label and that they should consider maintaining a separate brand (even if using the same back-end) for more boutique properties and portfolios. 

that's why there is so much turn over at those price points.now take a tenant in the same market who rents for 1000  needs 3k to qualify right... minus 1000 he now is living on 2k a month.. or about 400 per week double.. and maybe just above the poverty level. thank fully i am sticking to parma and west side (44135 and 44111)my sfrs are at 950 and each unit in my 2 duplexes around 700 pmi still think HW has to balance its own growth goals and in making investors moneyif you want to be the largest broker, property mgr and also aim for  the revenue growth coming from construction , then you cant meet investors expectationsthe sales team is all about the numbers on 12 to 20 percent coc claims on paper, when it turns over to property mgmt the realty on numbers sets in and its true the rehab costs are not small if you look at it from a investors lens.eventually people will move their business to pure PMs that are smaller and more boutique

Keystone CPA is a boutique CPA firm located in Orange County, CA.