Use AirDNA.co for market research.Search the immediate area, in "Traveler mode" to see what the competition is doing.All that said, I concur with the general sentiment of the above comments.You are already running tight. 

I'm in the small Eugene market, which in terms of industry and jobs offers no real reason to be here.

I can do financial modeling with you and talk to other new build investors it's a slow growth plan. build directly at 25% below the market and also identify land too. increase unit counts and get better economies of scale. single family homes will never perform like a three story walk up apartment. we build a stacked triplex in Columbus Ohio with a picture below, if you are set on Dallas look at land prices and see if the economics help. 

our market is in Columbus Ohio and we are currently doing infill as a strategy. single family home by right can be built on any infill lot in columbus but for multifamily this strategy becomes part of entitlements and rezoning. 

Cleveland and Dayton can be great markets for high cash flow and low purchase prices, but you need to be careful when navigating the neighborhoods so you're not buying in a D/F class area where no property managers will manage and where you'll never see any positive cash flow.

A frank, hopefully insightful, dive into real estate and financial markets.

In this case, your monthly payment with 20% down will have a good MARKET rate if your DTI works with a much lower month payment and no mortgage insurance(MI).

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

For example, I hate to sell anything, but I am selling two properties to raise funds for a new primary that meets my goals.Study the market and really lock in what it will rent for.

Anybody done that sort of marketing?