Condo Hotels - Are these good investments?

[Nicholas Owens]

I know condo-hotels (condotel) are not new but I am seeing more and more of them listed. Hotels selling their individual rooms to investors and seem to be minimal cash flow business but a completely hands-off investment. I am looking in the Orlando, NC beach areas and wanted to get some feedback from anyone that may have done this in the past or currently own some now.

I look forward to anyone's feedback/responses.