I’d be happy to connect and share ideas on building a solid plan, like assembling your CORE 4 (agent, lender, property manager, contractor) to help streamline your journey.

My main goal is to find something relatively close to the DMV area but without the DMV price tag.

In SC, you can only be employed by one regulated lender at a time per the state, and they seemed to think this was related.

Is it related to prices or having more options?

I am a relatively new investor.

I do have some investment experience and I'm currently managing 1 property, all the numbers are great and there's a good amount of cash flow and long term growth so I'm not a total green horn. 

To answer your question, I will use your description as it most closely relates to my definition of what an actual turnkey real estate transaction should be. 

.- Owner must sign a Hold Harmless to indemnify us against any potential tenant lawsuits relating to the work their contractor is doing.--- Another lawsuit resulted from owner's contractor taking down basement handrail to get supplies down the steps, then they didn't put it back and tenant fell down the stairs.- We also negotiate a reasonable completion date, depending on the Scope Of Work (SOW). --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?

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

Have you considered investing in any other markets and how you plan to manage the property?