@Melissa Sejour a good property manager will give you a lot of information that you care about.

STR Property management is common and I know a lot of folks doing this.  

I would protect myself and cut my losses so I was not looking over my shoulder or getting high blood pressure every time I heard a knock on the door (hoping it is not the FBI showing up to ask you some questions). 

I have 3 homes managed by a property manager.

The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.

We also would like to self-manage if possible.

Great place to meet other investors, agents, property managers, and contractors.

I don't even need a management company.

@Tyler Garza With my CFO clients, I generally use 8% vacancy and 25%-35% operating expenses depending on if they are self-managing or using a PMC. 

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