For business most hotels are close to main roads, offer 24 hour cancellation, no cleaning fees, private rooms, breakfast and coffee on site, exercise room, multiple rooms for coworkers if a group is traveling and they have consistency. 

On $15M don't be surprised if your capital partners to cut that down to .5%-1%; 1.25-1.5% if they are feeling generous or the deal has a lot of juice. 

I just generally follow what the market is offering, because you can get those deals more consistently.

After looking at these factors in the possible markets you are researching you will start to see which cities/small towns are growing and have consistent employment, which directly correlates to a market with may renters.

Consistent rulings for a long time have found that purchasing the membership interest of such an LLC is the same bundle of rights as purchasing the deeded real estate and as such qualifies for 1031 treatment.

My ideal investment property has low management, low maintenance, consistent predictable income & area of appreciation.

I have a consistently painful tenant who complains constantly, harasses, yells, curses and is under the impression that all requests he makes are emergencies.

I've decided to be more disciplined with the money I make from teaching and believe I can consistently maintain a $300 budget every month just for wholesaling.

The house's upstairs consists of a bedroom, bathroom, and second seating area/office, so I would like to take that for myself so I have my own space as well as room to study. 

I've listened to the BiggerPockets podcasts and what always seems to evade me is how people go from their first investment (or first few) to the next handful.I've followed much of the advice (bought my primary residence in Denver, CO in 2012 for $320,500 and have rented out the basement consistently since then effectively living for free - yay house hacking!).