Sometimes I have even directed troubled tenants towards assistance programs (such as single moms because there are a lot of programs for them specifically in my area especially).

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

It’s not necessary to stay local for these services as long as you have online bank statements or a solid way to get them to the bookkeeper.

I attended the RALA 3-day training in Phoenix and took a couple of online courses as well, and while I found these courses to be very valuable in helping get a clearer understanding of the space and what it might take to be successful, I eventually I found it most beneficial to bring in a partner/advisor who has built residential assisted living facilities here in Texas and has been running them successfully.

So, if you don't know how to build financial models, there are some available that are pretty good online (adventures in CRE is a great resource).  

If you want the best rate, I would find the cheapest online lender you can find where you are number 37 out of 70 for the month.

Check out other online guides available here: https://www.biggerpockets.com/guides3.

Check out other online guides available here: https://www.biggerpockets.com/guides3.

Great speakers that won’t try and sell you on a program.

Both of those could put an investor where you are today - unfortunately.I can tell you that I believe I've avoided these types of issues from happening on my deals because I joined coaching programs and had mentors.