I think tile has been a pretty solid investment on my part.

I open the door and let the potential buyers do what they must do in order to determine if the property suits their needs.Not talking an investor out of buying a property is a poor arguement for justifying having someone drive around for 8 hours, not knowing that you're working with others, and therefore it's likely that they just wasted a day or weeks.

GC's in my opinion are a waste of time and money, I use subs when I need to for more "important issues" and my crew for tidious items.

I doubt that either of us would purchase until we've got a pretty solid contract on the TX house (not yet listed) although if a true "slam dunk" appeared we might!

You want something with a cap rate of 9% or more with long term leases and solid tenants.

Historic preservation has become a big part of my life and a good waste of my time.

It won't cost much and will let you tred on solid ground.

It's only blood, it's not radioactive plutonium waste!

Hi John,That is a good question about refinancing and at this time I don't have a solid, clear answer for you, but I will do my best to find out.I DID do a quick google search on refinancing a Condo-Hotel unit, and came up with the following hit from a company in Georgia (Can't post the link due to my newbie status, but I wll quote the info and you can get the site from google search "refinancing condo hotel").******* Begin Quote ********up to 90% LTV and $650K on a Condotel Purchase coupled with COMMONSENSE UNDERWRITING and a FAST CLOSE ... could it be any better?

Note that this deal was my most profitable ever but it was luck more than planning.If the location is really good, if the unit you are buying is a prime unit, if you are well positioned to complete on you side of the deal and if the developer is solid then make a decision and move forward.