Hey Chien, keep learning and building capital, then pull the trigger when you feel ready.

Good luck and feel free to reach out if you have any questions or have any deals!

I am told and after reading bunch of documents, I feel this is true and being implemented.Is there any Real estate lawyer on biggerpockets?

I am interested in peoples thoughts on what to do with it.I could use the money as a down payment for a rental property, I would just need to make sure the profit covers not only that property, but my new equity loan, which I feel could be a challenge to find a property that cash flows that much.Or I could look at doing a flip, and just use the equity and a hard/private money loan, then just pay it off afterwards.What does everyone think the best use of this money would be?

Please feel free to reach out. 

It'll depend on your individual situation, which I assume you don't want to discuss in detail in a public forum so feel free to send me a private message if you want to talk about that.

I'm interested in starting with land flipping but I feel like I'm drinking from a fire hydrant with the amount of information available. 

Feel free to shoot me a dm to connect 

Nothing sucks more than paying interest on money sitting in a bank account.Sure feel free to Pm Me.

If a new property opens up across the street from your hotel you will instantly feel the rate/occupancy effect unless the market can absorb the supply.