Flipping Hotels in Orlando and Kissimmee Travis Vengroff paid $5.4 million for the long-closed Travelodge on U.S. Highway 192 in Kissimmee and plans a $3.1 million renovation to transform it into Backlot Apartments. The business model was welcomed by Osceola County’s development authority for U.S. 192, Vengroff said. Authority members did not respond to calls or emails. Unlike most affordable-housing...
