But many include incentives based on GOP (Gross Operating Profit) so the management company's objectives are aligned with that of the hotel owner

Hey there, As an investment property specialist myself, you need to know your product.

@Leah Mitchell1. patience. it's not a get-rich-quick scheme, it's a get-rich-for-sure. that doesn't always resonate well in today's microwave society.2. it's a people business. it's about the people you meet and work with. spend a lot of time networking and understanding how you can provide others value.3. consistency and focus are key. it's too easy to chase all the new shiny objects after every IG post or podcast you see or listen to. pick a lane and stick to it for years before you start looking elsewhere. look at your market and deals every day.

Again, it all goes back to make the RIGHT connections and working with the correct SPECIALIST, vs a generalist.

I have had all the objections you guys are throwing at me in my head since I started researching this stuff, so no disrespect to you guys at all, but I still want to start this way.

Not just same objectives, but same moral compass, decision making abilities, etc.

I'd recommend speaking with a great VA Loan specialist in your market.

The lender's objective is to recoup their outstanding loan balance, plus any additional fees associated with recouping that loan baseline i.e. attorney fees for the foreclosure and those fees are typically included in the auction starting price so to speak on auction day.

Assuming you want to be active, I recommend being a specialist.

Most importantly, I'm ready to take on risks.The Delima:So I believe I am ready to buy my first investment property but my objective is to do so with 100% "other people's money".