Hello BP Community, I am just reaching out as I could really use some great informative books and podcasts on finance, legal structuring, and how to understand the process for not only buying investment real estate, but how to own it (Specifics on hotels and condos would be a plus).

Thousands of hotel rooms have opened since then....How is the business in vacational ownership going for you lately?

I've toyed around with the idea of doing a value-add/BRRRR boutique hotel and doing STR for that, but the numbers just don't make sense in Nashville/middle TN (right now).

An STR is not a full service hotel. 

Below are some insights nearby: Here is some information on Riverbank expansion and Costco development slated to complete at the middle of this year: https://www.theriverbanknews.com/news/prep-work-costco-now-underway-riverbank/Here is information on Modesto's North Corridor expansion in the same area: https://northcountycorridorphase1.com/ and video here: https://youtu.be/IjyXegECcycCeres has just put in a new strip at the Gateway Center and they are building out a hotel.

Some are even staying in hotels paying $300-500/night for many months while they wait.

Now my partner and I are looking into purchasing a small hotel.

Own two townhomes between VCU and the Jefferson Hotel.

(Think hotel businesses.)So, this weeks Tuesday Tip is to understand what those substantial services are so you can determine if the juice is worth the squeeze when deciding what level of service you will provide at your STR.

A 4 bedroom structure in your backyard (so assuming there is at least a single family structure on the property) w/o kitchen or common areas (is that what I'm understanding) starts to look like a "hotel" to me.