My AC has gone on and off for the past week.We are checking on it daily and additional fixes are required.It will probably take additional couple of days to fix it as it has been trial and error.We are keeping the tenant in a loop but she has gone crazy.She has actually been a huge complainer and her demands id that everything is fixed right away.She has mistaken us for hotel service staff because she thinks she is at Ritz Carlton and we are her bus boys. 

It's competitive out there, particularly in the condo space where you compete more directly with hotels. 

I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.

Where hotels don't run shop. 

Awesome thanks for the insight I even offered them hotel stay through my property manager that they declined having the mold remediation done this weekend 

The only thing that comes close is a dog hotel place. 

I couldn't tell you the last time I stayed in a hotel.

This raises the cost of using an STR versus using a hotel. 

Is this the same that hotels are taxed or just STR? 

It will be direct competition with hotels.