Challenge is that I have an exclusive agreement with the seller because they wanted to list it, but changed their mind.  

Congratulations on getting your foot in the STR door, starting out is always a challenge to new host but dont worry you will get there. 

I'm not sure if you're in the flatter northern half of the State or the hilly south half and/or if a berm could be built in the backyard or who, if anyone, has a yard that joins yours.The challenge of course, if finding the right person.

While running a large group of small landlords in Philly, i have visibility into the full realm of challenges that new investors face - and some are quite overwhelming and totally unexpected because they jumped in without fully understanding what they jumped into. 

WikipediaPro-business environment: Companies are reluctant to set up operations in cities with burdensome regulations that hinder profitable operations.

If you SLOWLY add variables after you have solved the same problem a couple times it gets easier with less risk.I sadly had a very hard time with FOCUS and switched things up on nearly every project, creating new challenges.  

After the banking failures early last year and the current razor's edge of the banking environment, you had better believe that regulators and banks are hyper sensitive to any potentially bad assets.

Systematize as much as possible to create scalability.PM is a challenging but rewarding business.

They are all very different environments. 

Many challenges can be avoided if you work with someone that can give you professional guidance in the market you choose.