Convert hotel rooms to studio apartments?

[Olivia C.]

I am considering buying hotels and renovating to rooms (with mini-frige and microwaves) that I rent as hotel rooms on a monthly basis to low income women.

My thought is to provide this type of housing but avoid the nightmare of dealing with evictions and putting up with bad tenant behaviour until I can evict.

Since I'm targeting low income women, I"m not looking for terrific returns but I need to stay afloat and make a bit.

If you care to post comments, I would sincerely appreciate it!

[Jeff Brower]

Originally posted by @Olivia C.:

Since I'm targeting low income women, I"m not looking for terrific returns but I need to stay afloat and make a bit.

You may want to read up on your discrimination laws prior to considering targeting a specific demographic for any type of rental.