It is not clear how he became the owner of the Tipton, because London mentions many times that her father bought the hotel while, in a few episodes, it is said that Tipton's ancestors owned the hotel before he did.
It is not clear. Her father bought the hotel. This is what London mentions many times. Tipton's ancestors owned the hotel. This was what it is said in a few episodes. This is what London mentions many times. He did. He became the owner of the Tipton.