There are a couple notes from the article that make me think this, but the biggie is this passage halfway down:"The sponsor of the bill said he plans to offer amendments to narrow the bill with less of a focus on people renting second homes and more attention paid to hotels that convert to privately owned units that are taxed as residential but still operate like a hotel.These giant corporate properties that are being misclassified as residential but are being rented out as a hotel.

I was thinking about how when I came back from Japan, it would have been nice to have a place to stay for 30-60 days that was furnished and more comfortable than a hotel (especially for families) while finding a home to buy.

The person who would get a hotel or eat out every night.

I mean, think about it, when you crash at a hotel, you want a comfy bed, a legit desk, and a chair that you can kick back in, right?

The seller is married to his price which is strictly based on being in a very desirable are, the number of multimillion dollar projects in the area and their land size which is approved by the city to be a hotel.

Hotel condo renting is very passive as the money goes into and out of your bank account automatically.

I'm looking to invest in either a hotel or gas station business both have to be in prime location.

Purchase price: $350,000 Cash invested: $174,00021 unit hotel.

Make sure you understand the HOA rules and bylaws within the condos you are purchasing, as well as checking the updated lending restrictions on anything with “hotels and resorts” in the name of the condo development.

There's no hotel tax because it's a long term lease.