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Tony - I thought they were out of their depth from start. They then seemed to go all in" and threw more $ into a bad mix. I suspected they were trying to compete with a large operator (family resort !!). They werent high end enough to compete with the resort and were too expensive to compete...

There are a few models for this and some serious problems with many. GST is one of them. The investor loses out by the factor of 9.09% GST stripped off the income. Investors may be paid a rental. However you are at the mercy of the managing agent which is a motel business. You share in the...