33-year-old buys neglected 81-room hotel for $2.55M; is spending $1.1M to rebuild it while living there

Some learn business, others are born with a hunch for it. When it comes to Greg Clark, it seems the latter holds true. At 19, he quit his job, paid his rent and was left with just $20 to his name. Today, he is renovating an 81-room hotel in Eureka Springs with a $1.1 million budget. The project, called Hotel Expedition, focuses on creating unique experiences with amenities like yoga and a fire pit, according to a report by PEOPLE.From side hustle to businessWhen Clark quit his job, he went back to live with his mom and began buying and selling used tyres on Craigslist out of her carport. This side hustle eventually grew into a multi-state, multi-location automotive business. However, in 2020, when the pandemic hit, Clark began looking for other avenues that could sustain his family without him having to devote 100-hour work weeks.“I found real estate and ended up falling in love with renovating old homes, but not so much with being a landlord,” the 33-year-old told the outlet. “I then turned to short-term rentals and really enjoyed the hospitality side of this business. I was finally able to combine creating beautiful spaces with the dopamine I get from other people loving these sp...