Add up expenses from Day 1 of the build and see how long it would take to recoup that dollar amount with your projected NET profit - meaning after all expenses.... ie you charge $150 a night but after cleaning/supplies/ fees, you make a net $80.

TREVPAR is total revenue per available room, it's more comprehensive as far as operating expenses. 

In many areas that is like getting blood from a stone and involved more legal fees  if the contractor burned you it is probably not the first time. 

There is a small fee I need to pay upfront during closing to waive. 2.

They usually start out at 500 minimum per batch.

Houses come with their own land which condos don't.Condos are less expensive to buy, but you have to also remember there are condo fees that depending on the unit can add to the monthly payment. 

Assume that it will cost you around $10k to get the docs setup and $3-$5k per year for taxes. 

We purchased an 81 unit in EAST Clev, about 7 years ago, well we are being offered tripled what we paid, on top of the more then 25% net per year. 

Maybe 20-25 minutes from Downtown Myrtle Beach.

Greenfield is a city about the size of Richmond, but is about 30 minutes from Indy.