Does anyone know of a group or angel investors who would invest up to 5M to fund a luxury 6 room micro resort in central coast wine country in California? 

Quote from @Blake Dailey: So excited to announce to the community that as of last month, I acquired my largest deal to date which is a 130-Unit Hotel and Resort in the Smoky Mountains of Tennessee!

@Michael ElliottSolara is just one of many resort communities that are specifically built for STR.

@Melanie AlzugrayInvesting in a resort you and your family enjoy is a fantastic approach.

One of our most trusted developers from Yucatán, Mexico, who’s been making waves with their focus on sustainable growth, innovative design, and delivering great value to investors, is taking a big step—they’re building a luxury resort in Orlando!

I think one of the older resorts that still do allow short-term (Airbnb rentals) would fit the bill.

I want to remain local in NJ or at most drive down 1hr to PA (self-manage or, last resort, hire a PM)However, I must also consider maintaining reserves, a safety net for my primary home, and an emergency fund.It's just hard for a new investor now :(

You have to find the areas that are either zoned for Hotel and Resort or have NUCs (non-conforming use) certificates. 

Not as many hotels in the area except next to some ski resorts but during covid it got crazy. we bought one for $25k at a foreclosure sale in 2015 and could not give it away in 2019 for $50k then in 2021 we sold it for over $120k. 

I have resorted to downloading ALL my leads to a spreadsheet for tracking.