Some advocate make any/many deals that yield a profit.Others, create a marketing plan and become selective, becoming better with each transaction.That should perk some opinions with the community.Here's my thoughts be...

Yea I say that because you are potentially losing a large segment of renters looking for properties.

Think outside the box here.The CAP rates in Vegas are segmented by area as @Phillip Dwyer mentioned.

Do not know what segment your hotels are in ( ie. budget, luxury boutique etc) and if you want the brand to represent that in the name or if you operate under national flag or franchise.I like the following because you can create great logos to go along with the name.1.

More public assisted housing for the less income residents cuts into what this segment used to take care of.Returns are good to great in this investment BUT risk and long term may be limited. 

Just looking to invest my time in another segment of the real estate industry and made a few extra dollars.

I think the major issue we see in this wholesaling segment is that between guru's and BP we launch the least experienced less capable folks into the business thinking this is the way they need to go to get to the brass ring IE quit my day job and live the life of a RE investor ( remember us full time RE investors everyone wants to be us living the life of rily collecting checks spending time with the kiddos' etc)We see it all the time on BP   " Hey I want to start wholesaling then I want to acquire buy and hold then I want to quit my day job"  thats pretty much the mind set.And as you probably know you unleash uneducated folks into this industry and all sorts of mayhem can ensue..

This undoubtedly wins business from conservative, traditional family-values types.. but on the flip side of the coin, it really ended up alienated a segment of customers: https://en.wikipedia.org/wiki/Chick-fil-A_same-sex... 

American Greed had a segment on last night about Remington financial.bottom line these guys were in business for over a decade made 27 million 10k at a time by charging 10k due diligence fee's  they had all sorts of fake tombstones dropped in papers and publications touting all the funding's and deals they didOne lady went on a mission Hooked up with another person Go a Retired FBI agent involved and after 3 long years of doing exhaustive back ground work calling all these folks who the company said they had placed loans for...

If you need an architect, I can recommend a great firm for this segment - especially if you have a multiple site rollout.