Understanding how to work with the brands and the PIP (property improvement plan) process are extremely important to underwriting hotels.  

Recommend you hire a real estate attorney to assist you in understanding why the property management company shouldn't and doesn't have to share confidential application information with an owner.

However my understanding is there is little to know appreciation, and if it was a great overall market we would have been there the last 10 years like we have been in the Cleveland markets where we have seen more then double triple or more appreciation plus 20- 30% net caps. 

To clearly understand the positive impact I have brought to their financial life.

I am no legal scholar, but the way I understand things, is that most residential brokers are members of the board.

RE investors MUST understand the Class of the property they are buying and the corresponding pros & cons - else they will lose their investment.Evaluating a Class C property like a Class A is beyond foolish!

It's always best to consult with a tax professional to understand current deductions and how they apply to your specific situation.Additional ConsiderationsLTV Ratios: Lenders look at the Loan-to-Value (LTV) ratio when considering a cash-out refinance.

@Tim Bishop  I grew up in the Land business  I fully understand your models and methods and who and how to resell these. 

I understand all of this, but I’m 22, and I know for certain with my income (and my backup job) that I can have a property paid off in less than 3 years.

Maybe MOST important would be to understand which states are "landlord-friendly" vs.