And I agree there is a major difference between an STR and a hotel, which is actually why a lot of people choose them over the hotel.  

They were living in a hotel at the time trying to get a house to rent.  

Individuals or Group investors welcomed.We have an operational resort/hotel for sale in La Fortuna, Costa Rica.Price is fixed @ 58% of last appraisal.-100% owner financed -No Bank Needed to buy -No payments until 2011 -Only 25% Down -1 Yr of full property management & onsite training -Several subdivided & platted residential lots that could also be sold.

So, I told him I would either put him in a hotel, he could move to another apartment, or I would evict him.

as well  someone has done a very nice job with one of the historic hotels there I was just there a few months ago and had lunch there.. .. we used own a Ranch out middle creek called the Hunter ranch 1,200 acres my dad busted into 20s its all built out now...

I put them up for a couple of days in a Hilton Garden's hotel suite while we put in new copper wiring.

In one of your articles, it states:"Ineligible Properties: The following properties cannot be acquired with non-recourse financing: Residential with large acreage, raw land, farms, rural properties, manufactured or log homes, non-warrantable condos, Condo Hotels, Co-ops, Time Shares, hotels, senior or assisted living facilities, non-franchise restaurants, entertainment properties, ministorage, and commercial property."

There are 3 premium hotels in town. 

There are development plans covering hundreds of acres in the Coliseum area which include new stadiums, tech offices, luxury condos, hotels, and retail space.

Tell me about investing in a small(-ish) hotel.