It's easy to bite off more than you can chew in this business and that's especially not a good idea for your first deal.

Highway hotel on busy 35 highway. 19 hotel rooms plus owners apartment, large laundry room with commercial washer and dryer, large parking lot, front desk, lobby, roadside sign.

Vacancy is a normal part of the business.

This was probably a result of the busy November for new contracts.

Not incredible, but fine.An out of state flip or flipping business, handled completely remotely? 

To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.

I am learning in the real estate business as well but in the Kentucky/Tennessee Market!

Business is about relationships; with the right relationships, you'll have much of what you need to get out of the starting gate.

Which would be more effective for pitching my Airbnb arbitrage business?

As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone  mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.