Motel rent By thew week like a air B&B.
Hello all I'm looking at buying a 25 room motel. Its in a small but growing town I want to rent it by the week and run it off site kinda like the Air b&B. The over head with the loan payment and all should run around 12k a month. I think i can rent the rooms fast for $200 a week. What are ya'll thoughts ?
Can i run it off site?
I know Im going to get a lot of the lower income people and it will have to checked on daily.