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Investing in hotel rooms in Orlando Florida?


Just heard about an opportunity to buy a hotel room in a newly converted hotel (formerly Hampton inn) 1 mile from Disneyland. Management company would manage investment and afetr two years split would be 60/40 on income.
Ever heard of this type of investment? Think there are too many hotels in Orlando already ? Ever heard of The Realtor Ring investment company ?

I don't know the particular property, but there are some pretty slummy properties in the area around the theme parks. Just make sure you've had a chance to go and see it, and preferably to stay in it before you buy it.

Also be aware that rental rates in the neighborhood are not nearly what you'd expect. Some rooms go for as little as $29 per night.

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