Personally I think this is where a lot of sale lease back programs fail the seller.

In many cases bigger banks or lenders have specific programs that cater to first time home buyers and investors. 

This is something I try to live by and teach my kids if I can - "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly.

If it's just a money grab and there is no desire to associate with the aforementioned, you will most likely be on the losing end and feel very negative about the program.

Hi Treza,Not sure where you are in the process there, but when your ready to exercise financing options please reach out, it's very difficult to find a ground up program for inexperienced borrowers without having an experienced GC sign on the loan with you which in turn is not easy to find. 

I would like a book or program recommendations in order to learn how to purchase and manage the extended stay hotel.

I use to rent to Section 8 in Philly but the program started to be too much of a headache. 

Many states have a "reciprocal license" program to simplify the process.

I have programs that require only 10% down for the purchase, and will finance 100% of the rehab.

Every program has different guidelines!