Specifically, I’d like to understand:How to evaluate motel operations and what metrics are most critical.Best practices for managing or outsourcing day-to-day operations.Thanks in advance for your insights—I’m looking forward to learning from the amazing investors here and gaining a better understanding of this space!

Which does not give the renter a pass for paying attention, although that is often the context of the transaction from the guest end. 

If you split your attention, you may do both poorly.

I am excited about gaining more knowledge and deals! 

If done right most of these gains are tax-free- $40K in equity capture (profit) with $20K out of pocket and 13% cash on cash thereafter (300%+ returns)- $24K of equity capture with $32K out of pocket and 36% cash on cash returns thereafter (75%+ returns)- $41K of equity capture with $27K out of pocket and 12% cash on cash returns thereafter (150%+ returns)None of the above numbers include loan pay-down or appreciation. 

Thoughts and suggestions or too complex and take the hit on capital gains tax as I sell my rentals?

Depending on the situation, it could still be worth it for SFHs especially if you have capital gains or other income you need to offset this year.  

So I just wanted to present the raw facts, hear everyone's opinions, and obviously gain some knowledge and tips from investors! 

If I end up foreclosing the property, I will gain $200K equity (in my example, the amount will vary with each TD).

No capital gains in Belize.