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

Now, should you decide to enter into a real estate transaction WITHOUT a licensed agent, one should be mindful to not get unpset should that person get scammed in the real estate purchase or sell transaction.

I’m inclined to hire a property management company, but still considering all options.Problem is - the property is UNIQUE.

I am an out of state investor.How have dealt with this issue>Neal Schadler There are multiple property managers in the "build your investing team" section that can help here. 

I know that RTR positions themselves as “turnkey” but the reality is that they are more of a hybrid model - they set you up with everything you need and facilitate relationships with lenders, insurance, property managers, and so forth - but they are not the actual service providers.

Here’s what I know so far:My father-in-law is offering to finance the property purchase, but I’m still clarifying whether that means 100% financing or if he expects a down payment.We haven't yet decided whether to purchase as individuals or through an LLC.I’m also in the process of discussing the specific terms with him (monthly payments, amortization, balloon payment, etc.).Could you share any advice or insights on what deal structure might work best in a scenario like this?

I will be the one actively managing the property and doing most of the research, and my brother will act as more of an investor.

In 15 years of management and 20 years of investing, I've never had a break-in on a vacant or occupied unit.

He decided to switch to a finance degree with the goal of financial advising and real estate investing. 

Quote from @Raymond Kalonji: Hello, I have decided to welcome section 8 applications for my rental, but I'm wondering if my screening criteria listed below are unrealistic for applicants:- Minimum credit score: 640.- Minimum household income: 90,000 $USD per year (Can be waived with Section 8 or HCV voucher). - Minimum rental history: 2 years (please provide references).