It's tough to get good deals at the suites like Embassy, Homewood, etc (you can't beat free breakfast, free dinner and drinks 4 days a week, and a full fridge and hot plate in the room) but all other properties seem pretty empty to me.

In my opinion, to achieve any kind of true diversity, I think you would need to buy something on the order of 1 SFR in Ohio, a duplex in SF, apartment complex in miami, and a bed and breakfast in phoenix.  

Oatmeal for breakfast and no restaurants and you have the trifecta working for your savings rate.

I wish I could own a bed and breakfast actually, but I don't have enough to get one of those.

I could not believe it when I saw an add for pre cooked bacon.

Hello BP:I have an interesting situation.8 years ago, a residential property was purchased by my client and converted to a bed & breakfast and has been functioning as one since.Client now wants to sell, and, due to the fact that good records weren't maintained, it's being sold/marketed as a residential property.Someone I work with in REI with quite a bit of mortgage lending background with underwriters advised me that whoever buys the home will likely have a very difficult time getting the deal done with a conventional mortgage, because during the due dilligence phase, the lender will find that the property has been running as a bed and breakfast, and therefore will shy away from it... even if the stated intention is to use it as a primary residence.Can anyone with background on how the risk factors of these deals are considered and underwritten, or knowledge of common underwriting practices shed some light on this?

For less than $200k I would make it my personal residence... or turn it into a bed and breakfast!

Convert the Dining Room to a Bedroom and convert the Breakfast Room to a Bathroom. 

@Joes Juan Hey man, this girl saved my bacon on a flip this year.

Especially if you don't pay sales taxes like hotels and real bed & breakfast facilities do.Some cities might not care if you do these short-term rentals at all.