The star rating is not to tell the level of luxury or amenities like a "5 Star Hotel" would be rated. 

@Huiya Xiao Another option I would consider is passively investing in apartment, car washes, hotels, self storage or ATM fund syndications.

Sure, there are some hotels in Yucca Valley but staying in JT has a different vibe than YV and even with the hotels in YV, the short-term rental market in JT is in high demand, COVID19 aside.

The following tax court case covers it: https://bradfordtaxinstitute.com/Endnotes/TC_Memo_2006-33.pd...This is what it says "petitioners misread the exclusive-use rule of the Hotel Exception.

I called her out in front of her new husband and her adult children because she was having a nervous breakdown from crazy tenants running a homeless hotel behind the garage, tenants with horrible child custody battles duking it out in the parking lot, and tenants threatening to kill her.

I have a vast knowledge of & experience in Commercial Real Estate deals ranging from Corporate expansions, Development, Big Box Retail, Hotel, Condo, Office, multi-billion dollar JV's, MUD & Industrial to name a few. lol!

Our project is individual lots with multiple units of new construction on the lots within a master planned community where we are building hotel inventory to be held for long term (3-5 years) cash flow. 

St Pete proper does not allow STR unless the home is in a hotel/hospitality zoning and even that comes with restrictions.

Whether its hotel tax, or just simply income tax and then putting money aside for repairs if things get broken, new towels, sheets, etc.

About 20% of them are active, the rest just owns a couple properties, which classiefies them a landlords.On October 27th the RPA (Rental Property Association of Wi) is hosting it's annual trade show and convention called REICON 2023 at the Ingleside Hotel in Pewaukee.