There are also a lot of good creative financing options in the hotel/resort world as the "boutique hotel" concept starts to become more popular amongst STR investors. 

Here's another place.1st Tuesday of Every Month7pm - 9pm(651) 636-4567 Radisson Hotel - Roseville2540 N Cleveland AveRoseville, MN 55113

I’ve worked on a wide variety of deals, such as hotels, vacation rentals, ocean front, senior care facilities, agricultural (wine country and wheat) and other niche properties. 

Throw in hotels, rental cars, and meals, and this adds significant $ to acquisition.More likely to know the neighborhoods/ easier to learn the neighborhood. 

I was actually considering starting one with a focus on out-of-state investing in multifamily and hotels.

This may not be popular here but not building enough homes is one problem, but so is having homes tied up for short term rentals (where hotels would normally be used) or people having second homes that sit vacant (eg weekend home).

It takes away housing stock from the people who actually live there so someone can essentially run an unregulated, unregistered, illegal hotel. 

It'd be ideal to put them up in a hotel (or if they'd prefer to stay with family/friends you can deduct the rent for the dates without water) until the repair has been completed and the water is back on for that tenant. 

Chicago isn't known as a ressort/vacation destination but those 35M still need somewhere to stay and more and more people are staying in Airbnb's instead of hotels.

Just wanted to say 27.5 vs 3927.5 = Residential: Apartments and Rental Homes. 39 years = Commercial buildings: ex. hotels, retail, warehouses, motels, casinos, restaurants, and others.