The Morck Hotel is going to be renovated back to its glory days so I feel there are some good signs in the area. 

Bought a house for my ex and her family to live in with some inheritance money because they were in a hotel room.

Same rules apply for flying first class, staying in a 5 star hotel or eating at the best restaurants.

Its fine to have a lease automatically convert to a month to month after the initial period but less than 7 months initial lease, apparently, is not allowed, unless you want to be considered and taxed and regulated as a hotel.

You may also deduct the destination expenses you incur on days when you do rental-related tasks such as the hotel bill, 50% of meals, parking ect .

I found one in a High End suite at a 5 star hotel, which is to say they can be anywhere. 

I would understand buy and holds when they are on a different asset class, say hotel/motel, where it has a potential of making more income or breaking your bank. hehe.

Even if they did, they said I'd have to give them back all their money, pay them back for moving expenses, fund them to stay in a hotel until they found something else.

those are my thoughts without digging into the numbers and thinking about this as a hotel motel play which it basically is.

I am planning to buy a property in California that is in a country club and it is classified as "condo hotel".