Train of thought historically has been to offer great food, at a fair price, in a high traffic location that is bright and clean, and serve the customer with a smile–and through consistency of your food, store operations and marketing, you had a winner.
Anyone involved in construction of hotels has stories of challenging projects. The more years in this business the easier to spot the symptoms of projects on the wrong path and do what can be done to avoid pitfalls.
In a 1031 tax deferred exchange, the same tax owner that sells the relinquished property must buy the replacement property. This issue arises frequently in New England as many times the taxpayer does not wish to have the same person or entity on the deed to the replacement property or is not sure who that person or entity should be.