The AI I’m building doesn’t care about data scraping, it cares about conversations and in person connections.It’s a wearable device that helps capture client interactions in the field (with consent), summarizes them, and updates your notes or CRM automatically.

.▪ Brief risk/mitigation bulletsDoesn’t need to be heavy, just shows we’ve already thought through the downside.Those couple of additions have made conversations with lenders much more efficient on our end, especially when moving from preliminary interest to real underwriting.Appreciate you sharing this, would definitely like to take a look at your full checklist PDF as well.

Happy to keep the conversation going!

You’ll need a boatload of spare cash laying around and then a conversation with @Dave Foster.

Work to have conversations about real estate with individuals (in person, online, phone, text, etc) every working day.Best wishes on your journey!

We maintain properties at a high standard and ensure reliable, on-time payments.”That one sentence changes the conversation.

We have a conversation, we figure out what you want to accomplish, then if it can be done and if I can do it, we plan from there.

I'd be happy to have a conversation.  

A few key things you’ll want to focus on are:RevPAR (Revenue Per Available Room) – the core metric for valuing operations.Occupancy trends and ADR (Average Daily Rate) – these drive your revenue projections.Expense ratio and management structure – smaller motels can run at 40–50% expenses, while flagged hotels can be much leaner with scale.CapEx and reposition potential – if it’s a rehab, understanding brand standards and conversion costs (for example, turning an independent motel into a soft-branded flag) can make or break the deal.My partner and I have underwritten several hotel/motel projects in the Los Angeles area, so I’m happy to share some insight into how we typically structure the analysis and what lenders look for in this space.

You would need to initiate the conversation from your end.And here're some tips: https://www.biggerpockets.com/forums/51/topics/1222774-expla...