You may want to get in touch with @Sharon Vornholt who has done a lot of marketing in this niche.

The property's strong market demand made it an ideal candidate for a profitable fix-and-flip project.

So, I’m curious how you are managing to find your deals, whether you are buying at auctions or via marketing direct to sellers.

Cleveland would be a great market for you.

Personally, I would never live in PHX, but that is all personal biases (I prefer seasons and greenery), and clearly lots of people choose to live in PHX.At the end of the day, I would argue market selection almost only comes into play when you are talking assets that cater to institutional buyers that have to get investment committee sign off. 

And yes it sure isn't what it seems, especially in this market.

Even when the market is down, gradually adjust rents so tenants don’t experience a huge price shock later.

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

➡️Harness the power of branding and marketing.

One year after I used that property to pull a HELOC and this year used that money to purchase an off market 4 family property in Clinton for well under market value, which I just recently finished all of the repairs and upgrades on.