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                                  EXHIBIT 10.11

                              LETTER OF INTENT FOR
                     LEASE AGREEMENT WITH OPTION TO PURCHASE


                                  March 9, 1999


    Mr. Scott B. Timmington
    Select I. A., Inc.
    Box 9080
    Fargo, ND 58106

    Re:  Lease Agreement with Option to Purchase

    Dear Mr. Timmington:

           Over the past weeks, Country Maid Financial, Inc., a Washington
    corporation, ("CMF") has worked in good faith with you and other
    representatives of Select I.A., Inc., a Minnesota corporation, ("SIA") for
    the purchase of 35% of Select Inns Franchising, Inc. ("SIF"), an affiliate
    of SIA.

           This offer reflects our most recent discussion and is intended to
    conform with the terms under which we have been advised that the SIA's
    board of directors is prepared to accept.

           The parties recognize that the transaction will require further
    documentation and approvals, including the preparation and approval of a
    formal agreement setting forth the terms and conditions of the stock
    purchase ("Stock Purchase Agreement"); nevertheless, they execute this
    letter to evidence their intention to proceed in mutual good faith to
    complete work required to negotiate terms of stock purchase that are
    consistent with this letter.

           The proposed terms and conditions include, but are not limited to,
    the following:

                  Stock Purchase: SIA shall sell 35% of the common stock of SIF
           to CMF.

                  Consideration: As of the date of Closing or within a
           commercially reasonable time thereafter, CMF shall convert the Best
           Inns it currently manages into Select Inns.

                  Option to Purchase: CMF shall have the option to purchase the
           remaining 65% of the outstanding stock of SIF $2,500,000 in cash or
           cash equivalents during the option period which shall commence two
           years from the Closing Date of the Lease Agreement with Option to
           Purchase to be concurrently executed with the Stock Purchase
           Agreement and expiring five years from the Closing Date.

                  Closing: The Stock Purchase Agreement shall be entered into on
           or about May 1, 1999 or upon another date as agreed upon by the
           parties.

                  Access: To permit CMF to conduct its due diligence
           investigation, as long as this Letter of Intent remains in effect,
           SIA will furnish to CMF such financial data, operating data, and
           other information as CMF shall reasonably request. CMF agrees to
           retain all such


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           information on a confidential basis. Upon the termination of this
           Letter of Intent for any reason, CMF shall return promptly to SIA
           all printed information received by CMF from SIA in connection with
           the transaction contemplated by this Letter of Intent.

                  Exclusivity: The parties agree to use their best efforts to
           enter into the Stock Purchase Agreement not later than July 1, 1999,
           ("Exclusivity Period"). CMF shall have the right to request the
           consent of SIA to a thirty (30) day extension, and such consent shall
           not be unreasonably withheld. The parties agree that during such
           period that CMF shall have the exclusive right to negotiate with SIA
           for the Stock Purchase Agreement, and during such period SIA agrees
           not to directly or through intermediaries solicit, entertain or
           otherwise discuss with any person any offers to lease or sell the
           subject properties.

                  News Release: SIA or CMF may issue news releases or other
           announcements concerning the transaction without the prior approval
           of the other as to the contents of the announcement and its release.

           This offer is contingent upon: (i) satisfactory completion by CMF of
    legal due diligence, including review of material contracts and due
    diligence with respect to evaluation of potential liabilities related to the
    properties business and tax matters; (ii) receipt of all required approvals,
    consents and authorizations of applicable state and federal regulatory
    authorities; (iii) receipt of all required consents of third parties; (iv)
    the occurrence of no material adverse change in the business or prospects of
    the properties; and (v) the completion of satisfactory legal documentation
    including adequate indemnifications and representations.

           None of the parties hereto shall be under any obligation to any other
    party (except for the Exclusivity provision) until a definitive Stock
    Purchase Agreement is executed.

           This Letter of Intent may be executed in several counterparts and all
    so executed shall constitute one letter binding on all the parties hereto
    even though all the parties are not signatories to the original or the same
    counterpart.

           If the foregoing is acceptable to you, kindly execute a copy of this
    letter in the place set forth below and return it by fax or overnight mail
    to C. Richard Kearns, Chief Executive Officer of Country Maid Financial,
    Inc.

    Very truly yours,

    Country Maid Financial, Inc.


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    By: C. Richard Kearns, CEO

    ACCEPTED AND AGREED TO:
    SELECT I.A., INC., a Minnesota corporation


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    Scot B. Timmington, President


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