First, talk with a tax preparer who understands the capital gains rules and ways to avoid them.I'd ask about Adding you to title now while he is living. 

However most people don't realize that a hotel is basically MF with a high turnover rate.  

Just remember real estate the last five years was an anomaly and it usually takes 5+ years of hold time before you could walk away with profits from a home - which last few years made people think that holding real estate for short periods is profitable - historically it’s not

I understand the end result and how to split with partnerships, but don't have an Excel model that allows me to do that, and play with preferred equity, a GP management fee, etc.

You might start by finding a property management company that specializes in MTRs and ask them if they know of any Realtors who understand this niche.

Hi Carlos, since best option is off table and now you need to look for a new buyer maybe try relisting it with an agent who has good network and understanding of what the goals in this transaction are. you never going to get the dollar-to-dollar value that you put into the property, and we are not even considering the time and headache.

Sounds like you have a solid understanding of the path you want to take.

True People Search and similar websites are decent.

I also understand looking at a city isn't just it, but that it's about neighborhoods, and sifting through the properties, talking to the real estate agents/property managers etc. 

You don't have to agree with that and it's not anything factual, but it's important to understand that there are millions of people that would agree with it.I choose to only invest in small towns because I am seeing more and more people choose that life over big cities.