I am looking to purchase an extended stay hotel. I would like a book or program recommendations in order to learn how to purchase and manage the extended stay hotel. Thanks for any help you can provide! 

I know a little about the phoenix market and agree it is growing. 

But what you will find is that most repairs are pretty easy - and if we don't want to mess with it we will call someone ourselves... but someone we know is going to shoot us a fair deal.

Especially since you are asking for off market deals which most agents have 0 access to, or have no idea how to get paid from that.

Wholesalers network and post deals there most of the time.

I’m about to tell you about a deal that could have easily fallen apart, but instead turned into a $200k profit after a lengthy eviction process.

Think Good Deals Are Hard to Find?

They know they ins and outs of their property, and you bad-mouthing the property isn’t going to going to endear you to the seller.

I am looking to close many deals in 2025!!!

I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.