For anyone who is in the STR industry, what would you say is your biggest obstacle to success? 

Think about what your biggest concerns are in the transaction and find providers to address those.

There were a lot of things I did not know about the business of multifamily, however, the biggest “A ha” lesson I learned was actually about economics.

Biggest thing to remember when searching for a mentor is to add value to their lives or business.

There are many reasons that I will provide but the biggest 2 in your case are that it will cost more than the value it adds and it is likely to make your existing SFH rent controlled.  

The biggest pitfall is when a landlord tries to be "nice" - non-paying tenants are literally stealing from you, treat them like the criminals that they are.To calculate reserves for vacancy costs We average about 2-3% vacancy across our portfolio, I use 5% as the number for reserves.

After screening what should I look out for my biggest issue is credit and late fees .

The biggest challenge I have is that when you're creating a new posting of a vacancy, you have to wait for it to get approved.

That seems to be our biggest hurdle at the moment.

I've checked the biggest employer is still a company like McKinsey, Deloitte or BCG.