There is also a Innkeeper's tax for each county.   

As landlords or in RE, we would hold such funds in escrow accounts, that is not required for innkeepers, at least in my state.

Hey Dan, Perhaps consider having an onsite innkeeper, many motels have onsite managers quarters since they were often family run businesses'.

Although I don't use traditional leases or rental agreements at all, depending on the booking site my guests come from,  we make them tick a box agreeing that their  "rental" activity falls under Innkeeper's statues and not Landlord tenant act.My properties cater to travelers and my average stay is only 3 days.

We lived on property with our family and ran the Inn for the first 4 months after purchase, and now have innkeepers in place that live on site.

Your formula of counting on high turns is not the way to go for a landlord who faces hotel/transient tax.Short stays are definitely a game that a live in "Inn Keeper" can profit from by reducing their personal overhead.

Investors who want to learn a new business; who want to read and understand ADA law as it applies to innkeepers; who want think of new ways to attract guests, and enhance stays; who actively learn how to recognize and take precautious against high risk guests; and who learn how to do all this without refunding gusts left and right . . . those investors will always find opportunies.

It sounds like at this point that the innkeeper laws would apply.

do you pay the innkeepers salary plus a living space ?

@Dustin Turner do you have an innkeeper or you do it yourself?