I’ve done a couple of fix-and-flip projects in the past using a hard money lender (HML), which has its pros and cons.I’m currently looking at a couple more properties and trying to decide if I should go with an HML again or explore other financing options.

I am thinking of that being one of my next big projects if the community is wanting it. 

For real estate investors and developers exploring Carlsbad, SB-423 offers a streamlined pathway for multi-unit housing projects.

@Gary Abrams A cloud based solution would work really well in your scenario of having other family logging in and helping with management. 

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

@Damien Davis you'll make less on the initial projects but the experience you'll gain will be completely worth it.

My goal would be to start within 1-2 years and get some more experience with the construction process, project management, financing/budgeting, etc.

You'll want a property manager.

You just need a good property manager.

As European residents, we directly manage investments, leveraging the fiscal and legal advantages available in the EU.