I've gained valuable insights into effectively motivating and engaging my team as I've built my real estate investment business.

Sounds like you already have more than enough beds for people and guests to sleep. 

The owner is remote, and there is one main person running the business locally, so the challenge is how to replace this local person without losing existing business/clients (no, this person is not looking to stay for the long haul).You all sound like very experienced managers. 

Sound solid? 

That does sound a lot like our deal! 

It sounds like you already have a great property as it is - and over-improving it doesn't gain you anything. 

Would love to connect and be a sounding board for some of your ideas!

I know that sounds weird, but don't propose a low or no money down seller finance deal if you don't have sufficient reserves.

@Mike Brown Sounds like you are in need of a better property manager.  50% occupancy is a disaster. 

A compelling enough piece of land has not arisen yet to start this journey in earnest yet.The analysis is effectively the same as buying: what are all your costs, what are your stabilized cashflows, and what is your terminal value, take your overall timeline and determine your return.In Cincinnati, OH, during the run up (in particular, but also pre and post peak) the major owners in the market that have historically acquired existing, started building.