They were lacking in accounting which is why we switched, but I heard since they have gotten better accounting features. 

My main focus is understanding motels and their operational dynamics.If you’ve invested in or operated a property like this, I’d love to hear from you.

If you are looking to passively invest I would recommend finding a company that is vertically integrated so you have one main point of contact from start to finish.

Do you typically have a separate bank account for each property or do you have one main operating bank account? 

It’s just not that common even though that is one of the main things talked about. 

In fact, the model isn’t designed to bail out distressed owners—it’s meant to provide liquidity to stable, cash-flowing properties where the owner doesn’t want to take on debt or sell outright.For a successful property owner, the main advantage is flexibility.

Like @Russell Brazil said there are general things that need to be in place.One that stings a lot of people is the main entrance door.

Tax professionals on the Bigger Pockets tax forum.I personally think that the best place to find a great real estate accountant is the Bigger Pockets Tax Forum:https://www.biggerpockets.com/forums/51-tax-legal-issues-con...The forum features well over 20 of tax professionals.

What unique features of this property do you believe makes it a good STR6.

I understand credit enhancements and additional guarantors are sometimes required but to be unable to cover escrow funds and to give away deal ownership for that service is kind of crazy but back to the main point, the real issue is when the Co-GP is not truthful about their true role or embellishes their portfolio/ unit count.