Being on the other side of owning too many for 20 years, I can see how a minimalist lifestyle could be attractive.   

I do realize that there are a lot of investors out there who are simply going to be attracted to a pitch that points out all the amazing things about the deal.  

It shouldn't be that expensive, but you will need a bullnose metal edge which probably won't look attractive in a classic house like this.Here are before / after of hardwood on a flip I did 15 years ago

Magnets attract.

And as @Kenneth Garrett said, check out the legal definitions of hotels, motels, B&Bs and tourist homes in the city and county laws. 

For a higher-class property, I want everything nice so it will attract nice renters that stay longer.

The higher your screening standards, the better potential tenants you'll attract, even when HH. 

Would it be attractive enough if, let's say, I offered the partner 60% of equity and future cash flow?

If you market to pigs, you get hogs...One thing I've been doing that I have found really helps attract better tenants is raising my property rents a little higher then everyone else. 

Thanks BP for attracting such diverse and interesting guests!