I think it would be beneficial to set up your own management company to manage your assets.

However, I am unsure on how to go about finding the proper handyman/maintenance guy/management team to help run any out-of-state investments I make.

I’m in the process of managing 18 units and have a full-time job.

You can write the best guide but people want information for credible sources so you might want to clarify all of that or it might be an obstacle all along.3.

Have a frank conversation with the property manager. 

@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.

A goal of 40 doors is theoretical and likely just matches the income that you want to get to that ranch, but managing 40 doors, especially when they are broken up into 15-20 properties is a bear for you or for property management fees (especially so if they are not all near each other).

First, Are you licensed and insured to manage other people's properties?

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

I love it when I see other investors make it happen despite innumerous obstacles in your way.