andrew Johnson, that answer was amazing really appreciate the advice.

Once you are doing something you will be amazed at all the mentoring that comes from rubbing elbows with folks doing deals. 

It's amazing what can be done over a quick visit and a cup of coffee if its presented right.

How active have you been in running the hotel, were you able to high a Manager to take care of most of the day to day.I remember seeing some pretty amazing deals on hotels/motels in the Florida are during the crash.. definitely nothing like that in SoCal area even during the crash. $9,000/ room purchase price is insane. 

Hello everyone,Last weekend by sheer luck an amazing deal fell into my arms.

It's amazing how some people fall apart at the first sign of difficulty.

Have an amazing day! 

You will see some amazing properties that you can buy even in this market.

WOW - it turned out to me amazing - what a great way to detour away from lenders and others who had too many requirements to settle real estate.So now as an auctioneer, owner of an auction company and investors, I only deal with buyers and sellers who understand the value of a fast and simple way to control and sell real estate - a system that has benefits for all; buyers, sellers, agents and investors.The sellers gets what is offered, the buyer usually gets a good deal, the investor walks with money and the auctioneer get their fee.Charlie Parrish

Before I get into the meat and potatoes of my post, I want to thank everyone here for their advice on all the forums, I've spent the greater deal of the last few months soaking up all that BP has to offer and it has been amazing!