@Robert Kline, I would start by talking with your local building department. 

There's nothing wrong with considering them along with other options, but I would be careful thinking they will get you more bang for your buck or a more honest operator.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

However, if your business owns real estate, that portion of the sale may qualify for a 1031 exchange, allowing you to defer capital gains taxes by reinvesting in another like-kind property.

If they support a rent increase, you could look into raising your rents by that amount to offset the cost.

@Tobi Isaacs this would be better answered by other investors in your market. 

Did you have the $ held by an escrow agent?

There are only 2 ways, as I see it in the current market, to get actual income/cash flow from a rental property - a paid off long term/mid term property or a well bought short term or rent by the room rental.

It would never occur to me to disclose theoretical discussions about a project that have not been passed by the board.

It's not a hotspot by any means for short-term rentals.