I would think that isn't appealing but on the other hand I do see successful listings that are right next to other homes.We're traveling up in a few weeks - does anyone have any recommendations for agents and general contractors in the area?

That is very appealing to a seller.

I have now spoken to various experienced people to get a visual first impression of the location and the building itself.

I am from the east coast with my current home going on the market within a few weeks and even though I know that one can do REI from a long distance - as a hands-on person, that approach doesn't appeal to me.

To sell it, you have to consider that Condotels appeal to a very niche market, other investors or possibly vacation home buyers. 

Hello, Jazmin Well first you should decide on where you want to start there are a lot of entry points to real estate the great thing about that is you get to decide on which one you like the best and become a perfectionist at it whether it be wholesaling, rehabbing, renting, or becoming the best realtor in the area.Once you know what type of investing you want to do in real estate then you can develop goals and plans to achieve it so start by deciding what you want to do or what's most appealing and everything else will open up from there Good Luck 

@Melissa Searing Use the timeline approach to visualize each opportunity. 

Please message me if this sounds appealing to you and I can answer any questions you may have.Best,Andrew

Right now, there are a LOT of run down houses, some neighborhoods can be pretty rough with abandoned homes, lots of blight and obviously not very appealing to a wider, millennial audience.

Since there are two potential development scenarios, each appealing to a different buyer profile, selling the whole project as one makes sense because we could capture more potential interest versus narrowing the focus to only one particular buyer profile.It's true that we could be sitting on a gold mine.