Apartment Complex vs. Hotel Ownership

[Jeffrey Coleman]

Hello BP members,

This is my very first forum post since creating my profile so forgive me if I sound like a complete newbie (I am). I have been trying to decide what my next investment should be in. Does anyone have any advice or know some of the pros and cons of owning an apartment complex or hotel? I realize the apartments would be a more stable investment but I feel like the hotel industry, especially in certain areas/climates, has the potential to provide a serious income. What are your thoughts/opinions/recommendations?