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

Sorry to hear your self managing isn't going as planned...finding good tenants is tricky!

For the majority of the properties we manage for our clients, we pass the yard responsibilities to the tenants.

We onboarded a hoemowner to our property management team in West Palm Beach just over a month ago.

REPS hours must be a work activity involving “any real property development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage trade or business.” 

Strategy 1) Buy tenanted properties through a reliable turnkey provider/property manager.

Being an agent is different than a w2 where you get guidance from a manager, or higher up.

Are you aiming to build a significant portfolio over time, or do you plan to keep it more manageable with just a couple of rentals?

When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.

You would have to self-manage though, as paying a property manager will eat up most of your profits.