Perhaps I just missed out on the perfect opportunity to start my enterprise in making Gyros and Chicken over Rice.  

@Robert ZajacIn a "perfect world", a PMC would be like an attorney and be able to track how much time they spent on an owner's property and bill accordingly.

Perfecting the property as an STR without putting too much money into decorations and amenities.

What you said makes perfect sense, and I appreciate you sharing ur knowledge with me!

As mentioned by Michele, smoking is not a protected class and you are perfectly within your rights to deny them as you do have a no smoking policy.

Your dedication and skills are perfect for this.You're in the right place to get help and advice as you start this journey.Welcome aboard and best of luck investing!

It doesn't have to be perfectly defined - for example you can have more than one market - but once you have a general criteria you can gather a list of Sponsors, eliminate those that don't fit your criteria, and then begin to interview them / some of their investors to make your final decision.

@Manny Vasquez came as close as you can come to a perfect post on how to get started! 

It is also very hard to "perfect BRRRR" here. 

If this is less than 100% perfect for exactly what you yourself would want to readily have, well welcome to a place I like to call reality, that's 98% of any deal I ever look into.