Once the San Francisco project was on solid ground, Lucia brought me a due diligence report on a seaside hotel in Sicily.The hotel sat on a beautiful stretch of coastline, with a prime location, sweeping views, and plenty of potential. But its cash-flow records and debt accounts were a mess. The owner wanted to cash out quickly and was offering the property at a low price. The pros and cons couldn't have been clearer.The first page alone brought back memories of that restaurant in New York. The one we'd never managed to launch, the plan we'd abandoned. Old memories stirred, but they no longer hurt."How does the Ferraro family want to handle the purchase?" I asked."There are two workable options."Lucia set two neat proposals in front of me.Under the first, the Ferraro family would put up most of the money. My risk would be very low, the pressure minimal. In exchange, they would hold the controlling stake. I wouldn't have the final say.Under the second, they would provide only a s
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