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

Read a few books on real estate investing to learn the power of leverage.

We already have a few mid-term booking requests so just as I thought, my vision of what's possible is coming to reality. 

I also watch occupancy rates and adjust if bookings are low.

I use True Books for my real estate tax planning and execution.

Read some books. 

@Joseph BinkowskiDon’t forget that you can now be qualified as an accredited investor by passing the series 65 exam without any income or net worth requirements.It will cost you around $200 to $300 and will be valid for 2 years (unless you can park your license with a financial advisor firm, then it will last as long as you maintain it).It is not a difficult exam and you should be able to pass it with around 40 hours of self study with a good prep book or website.

I own a bunch of rentals and it is by far my favorite one.

That area is my Favorite!!! 

Enhancing guest experience with small touches, like a welcome basket or local guide, can lead to better reviews and repeat bookings.