In my opinion, that is a riskier bet because you have to have a big pile of cash for contingencies.  

One of them being you can't charge more than one month security deposit.

You can have a box of items that are free for tenants to take/use: toothbrush, toothpaste, charging cables left behind from other guests, sunscreen, unused earplugs, etc.

I charge a good bit for my properties, that screens them.Do hotels run background checks on guests?

In both my seller financed deals the primary bank I was betting on backed out.

Private mortgage insurance i believe is not charged on va loans.  

PureTalk and Patriot mobile use the same equipment as AT&T, T-Mobile and Sprint but charge only $20 a month.

(I know a lot of investors who are doing this, but I've been surprised to find out that it's a new concept that others haven't considered.)The more units, the better in this scenario because you can hedge your bets with more units.

I am originally from there and manage on in Ventnor and have had some issues getting a straight answer on what I should even be charging for tourist tax. 

@Sean Gallagher check the RBP addendum there is usually a clause saying if the property sells that the RBP can be canceled and the services are no longer provided and the charges don't have to be paid.