Competent legal advice is required for this type of financing.Lenders of this type of asset will want to see some type of feasibility study that indicates that another operating motel in the market place will be successful against the existing competition and that you the operator of the motel has the background to run the business.

We can talk more on how to account for condition too.  

That's not strong enough, btw.Meanwhile,  put your money in high apy savings accounts (Google it).

If youre truly in this for the long haul, there is nothing worse than getting started and then realize you dont like who youre dealing with.Meet the property management, customer service, accounting / finance.

But I have accountants nationwide that maintain that they can do those sales and purchases with related parties as long as they maintain meticulous records and use arms length market valuations. 

Find a reputable accountant, this is too big of a decision to listen to someone in an online forum.

All of the accounting work is done with quickbooks, so I believe I'm looking for software to best help out with managing tenants, leases, payments, showings....etc..Thank you,Bobby P. 

People doing 10+ deals a year4-6 peoplePeople that want to be open and share best practices – a diverse group of investorsPeople willing to provide constructive feedbackAn initial call for everyone to explain their business model – what you are doing, what you are looking for, etc.Once a month organized calls (Skype or Google) with an agendaA shared group (probably on Facebook, Google drive) where we can share ideas outside of our meeting timesCommunication and accountability outside of the once/month meetingThis is an evolving thing and I am open to best practices and ideas others might have.

My wife usually does our taxes as she majored in accounting (is not an accountant). 

So as far as where my money came from will that need to be accounted for?