This is extremely important to us, it has to be good. We will look for proximity to nice destinations and access to good food.
We are not fussed over the current state of your property. As long as it can be upgraded, we don't care how old or dingy it is. We'll fix it.
Size matters to us. We don't want it too small and expect to have a certain amount of cashflow. Our target is 20-50 keys.
This is all relative and there are many factors that goes in to our evaluation, but in general we are looking to invest anywhere between $1M to $7M.
While we don't care about status-quo, we want to see some amenities. This could be views, a pool, meeting space or even vacant land.
You know your property and market better than us. If you have an idea and for some reason can't get it off the ground, we are all ears.