I often make the mistake of thinking the grass looks greener on the other side of the fence when going through the forums.

Land leases often complicate financing, limiting your buyer pool, especially if lease terms are unfavorable or the remaining lease duration is short.

Similarly, looking up deeds of trust, licenses, or other public loan documents, as is often recommended here, will only confirm that the company exists - not that you are speaking to a legitimate representative.

Confirm the zoning limitations: Mixed-use zoning can often allow for more flexibility, but you need to get the exact details.

I work with a lot of MTR investors and what I am seeing frequently with multifamily acquisitions, particularly with new investors, is that they often test the property just like you're mentioning, as a way to dip their toes in the water and see what works in their area and for their personal style.

How often?

Of course it is always a balance between rate and occupancy.I probably will never do it , but often dreamed at one time about buying a small hotel. 

All too often I have observed individuals raid their retirement accounts, paying far too much in taxes.

This decision often comes down to a simple numbers game.

Keep in mind that MTR bookings average 3 months so you wouldn't want to move utilities that often.