I might be a first year, but I did do an SMP last year (and I did stay at a Holiday Inn last night).
Everyone has their own methods. Just need to find your preference. Everyday, I skip lecture and go through the lecture notes. Every time I read something new, I write it down in my notebook. I basically condense 10 pages of lecture notes into ~1 page in my notebook. I don't do this for every class (some I just read the lecture notes a few times, but that's rare). I then watch some lectures on video at 2.0 speed, only the ones that were conceptually tricky.
Before the every exam, I reread my handwritten notes, do practice problems, maybe read BRS, and then reread the original lecture notes looking for tiny details I may have missed.