It has been a long process, but I am finally living in it.

Was thankful that this one was finally over.

This involves working backward from the final aim to determine the steps.

PM's of a certain size with scale can be.- PM's usually have software and partnerships you do not.- Full time maintenance, reservations, cleaning staff- Additional marketing budgets and resources.This is a brief list but a good PM can make more revenue than you can and can offset their fee. 

Finally, start small, analyze deals, and build a team to guide you as you gain experience.

**Letter of Intent (LOI)**: Though not legally binding, an LOI can outline the basic terms and conditions of a potential deal before the final contracts are drawn up, ensuring that all parties are on the same page.It's always wise to consult with a real estate attorney to ensure that your contracts comply with local laws and protect your interests.

I’m in the early stages of narrowing down markets and evaluating STR regulations, so once I finalize that, I’ll focus more on the design and amenities side.If you have any advice on pitfalls or ways to stand out in competitive neighborhoods, I’d love to hear your thoughts!

So not really a one sized fits all approach which is the nice thing about real estate being able to cater it to yourself and your goals. 

My final counterpoint:Dynamic Contact Share with Fireworks Screen

However my understanding is that exceptions can be made if unexpected life events happen such as job relocation, eminent domain, marriage, divorce, changes to family size, deployment, imprisonment, bankruptcy etc.