The art gallery idea might actually work pretty well if you combine it with the residential conversion.

That is something I need to look into in combination with job growth.

Nice to see you are experience in several areas, which will service you well as you combine what Bigger Pockets has to offer such as: word alerts feature, forums, ebooks, blogs, podcasts, webinars, informative people in many fields of real estate, contacts, and more.

Combine your experience with Bigger Pockets various resources some were mentioned by @Dmitriy Fomichenko., forums, blogs, webinars, podcasts, colleagues, an awards system, a learn section, informative people in many fields of real estate, and more.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At bottom of this page is a list with help in it.

I've been to a few of the informational sessions they hold and in all honesty, you could easily get the information they offer, plus more, from a combination of BiggerPockets and real estate courses at a local community college.

The prinary reason would be that I would be sacrificing something that generates a lot of cash flow, combined with the fact that the motel business has a very high barrier to entry like I mentioned earlier.Let me give you an example of what's going on in the motel scene.

I intend to reach out to the owner and make an offer ( combined terms you mentioned).

Best of both: combine the above options.

Probably my biggest fear is adding (24) stoves, (24) dish washers, (24) water heaters, (24) washer and dryers, (24) HVAC and of course (24) tenants.

They were roughly 15 points higher but I think a recent hard hit inquiry lowered the number.My wife and I have a combined, established W-2 of 161K annually.No major debt except for my primary home, an escrowed mortgage of 1600/month.Here are my top two options:20-year note at 4.63% with 20% down30-year note at 4.75% with 20% downI'm leaning towards the 30-year note because I'm not concern about paying off the note faster with less interest but more concerned about getting a higher cash flow with the least amount of cash upfront.CAN I GO BACK TO MY LENDER AND SOMEHOW NEGOTIATE A LOWER INTEREST RATE?