MODULE 17
The most attractive-looking property is not always the strongest operation. Cleaning difficulty, access, noise, parking, linen storage, waste, maintenance, climate control and neighbour proximity can materially change profit and risk.
Score property suitability consistently.
Weight criteria according to the guest and operating model.
Keep hard gates separate from total scores.
Build categories for consent pathway, building and planning complexity, guest fit, access, noise, condition, setup cost, operations, demand and financial room. Weight criteria according to the model rather than assigning equal value automatically.
A score improves comparison, but cannot make an unlawful or unsafe property acceptable. Hard gates override the total.
For each score, record the source: observed, measured, documented, stakeholder statement or pending. A number without evidence creates false precision.
Use photographs, floor plans, maps, building documents, quotes and written responses where appropriate. Update the score as evidence changes.
Score before negotiating emotionally. Attractive design, a persuasive owner or fear of missing out can distort judgement. Require a second review for borderline properties or unusually large commitments.
Document the rejection reason. This improves the property profile and prevents the same failed concept returning under a new listing.
A property scores 61 out of 70 on demand and operations, but the owner will not permit recurring guest accommodation in writing. The operator rejects it because consent is a gate, not a weighted preference.
Compare candidates with evidence-linked criteria.
Record non-negotiable consent, compliance, safety, integrity and financial thresholds.
No. Hard gates operate independently of the score.
An evidence source, status and any action required.
To improve future targeting and prevent emotional recycling of failed opportunities.
Location and demand fit
Access, parking and arrival experience
Cleaning, laundry and linen workflow
Noise, neighbours and building management
Maintenance, utilities and durability
Guest experience and honest listing limitations
Inspect using the standard scorecard
Photograph or note every operational area with permission
Estimate cleaning and linen requirements
Score risk and guest appeal separately
Compare the properties and document the decision
Inspection scorecard
Photo notes
Cleaner feasibility estimate
Maintenance risk list
Property comparison table
Focusing only on décor
Ignoring stairs, lift rules or key collection
Underestimating bathrooms and outdoor areas
Assuming internet and parking are adequate
Choosing a party-prone property because revenue appears high