I think rents need to jump another 10%-20% in the next 2 years to make up for the increase in operating costs through property taxes, insurance, labor- plus added regulatory risk.You could get away with bad deals and operations when interest rates were 3%.

Ideal for newer investors needing less CapEx risk.I totally get the instinct to go back to familiar territory, but your first OOS deal should be about stability, scalability, and setting the tone for everything that follows.Michigan might feel like home, but there are markets out there that are more investor-friendly, scalable, and growth-oriented, without the tax or regulatory headaches.Happy to always share more if you're exploring any of the above areas. 

You detail the WORST negatives for operating a hospitality business; a hostile regulatory environment. 

And who's business plan is now a switcheroo, changing focus to a different service industry who has an existing dominant player AND is very VERY regulatory Leiden.

You should carefully review the terms of the loan, before you agree on proceeding with the loan process. ...Here is the TERMS AND CONDITION review and get back to me immediately.{1} The applicant will start the repayment of loan at the end of every month starting from 6 months after loan has been transferred, the loan is charged at 3% interest rate.{2} Failure to pay back the loan at this expected date/period, legal actions will be taken against the applicant by our attorney immediately. {3} Applicant who is unable to meet with the repayment will be given 2 weeks more as a grace period before legal actions will be taken. {4} Note: As soon as you in agreement with the terms and condition below your loan will be approved by the governmental body so as the loan papers can be processed. {5} Note: The borrower will be responsible for the loan processing/documentation fee and this is the only fee expected to pay for this transaction to have your loan transferred to you as soon as possible, NOTE: This payment will not be deducted or added to the loan IT IS PAID UPFRONT $1075.00. * Your inability to pay or agree to the payment of the upfront fee, means you are incompetent of repaying the loan.

Sure, relocation assistance still exists, and yes, this is still Oregon with all the regulatory fun that comes with it.

Within North Bethesda, major employers include Lockheed Martin Corporation Global Headquarters (~3,000-4,000 jobs), The Nuclear Regulatory Commission (~3,000 jobs), Rock Spring Office Park (~1,500 - 2,500 jobs), Choice Hotels International Headquarters (~400-500 jobs) Federal Realty Investment Trust (~200-300 jobs).

Quote from @Ranson Almonte: I'm the Tom Brady no body has drafted yet to their investment team.

If your PM is licensed in their state then start by going to their regulatory board (e.g., The Colorado Real Estate Commission) to file a complaint.

We also provide all cleaning supplies, toilet paper from Who Gives A Crap, and Shampoo/Conditioner/Body Wash/Soap from Public Goods.