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.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

I recently started my own STR management company and I'm thinking about starting a referral partner program for real estate agents.

It is located in an area that attracts college students/employees, working class families, and military families.

It’s impressive how you took this single-family fix-and-flip from start to finish, self-financing and managing the project as the GC.

A major part of the success or failure of an STR investment is the design, furnishing and management plan.

Quote from @Kornelius Friske: We have a STR located in peoria AZ. it's 6 beds (garage conversion) and about 3900 sq ft in total. our energy bill last month was $450 and has been hovering in the $350-$450 range since we went live in august.

I tracked it and heard from the property manager they may take $1.3mil, but they didn't even flinch at $1.2mil cash, and we got it done. 

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

Building a portfolio allows you to gain experience, develop systems, develop your own approach to managing properties etc.