Hi everyone, I am curious if there are any industrial real estate operators on here. 

if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.

Hey Dan, renting to a sober living operator can be a great idea.

Hi Eric,Great question—estimating operating expenses can definitely be tricky, especially for items like maintenance, CapEx, and make-ready costs that vary widely between properties.

Partnering with an experienced motel operator is a smart idea—it can help bridge the operational knowledge gap and mitigate risks.When evaluating motels, focus on metrics like occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR).

Does the operational company already exist and have income history?

In this area, STR operators are limited to 65.7% occupancy (240 days) throughout the calendar year.

As for one of my other operators, I am invested into REM in 3 different deals.

Its being operated at STR from last 30 months with great cash flow.

It's easier to scale with multifamily properties due to income potential and operations.