With rehabs you want to know enough about how houses work to manage the tradespeople.

I learned how to manage rental properties well with this property.

These are always hard issues for managers. 

Property management vs. self-managing:Self-managing—at least in the beginning—can be invaluable.

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

It would also be much easier to manage considering you are currently living in Arlington.

A great realtor can place a tenant for you and show you how to self management. 

@Ken Latchers how do you manage the security deposit?

(I actually laughed when I first learned this.)10% property management fee (With separate charges for new leases, repair management, and rent collection—what exactly does this cover?)

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