I am a voice of common sense and help them come up with the best way to manage STRs.

He prioritizes deals with substantial margins, mitigating rate increases, and actively manages rehab costs to maximize profitability by being heavily involved in the process and GCing his own projects.

Etc etc Do you have property management?

If you’re feeling uneasy about the potential headaches, you might consider a local property manager who specializes in room rentals or shared housing.

Quote from @Jacorion Williams: As hard as it may be to find and fund an investment property, managing it is far worse.

Do you plan on self-managing your properties?

Every investor faces challenges, whether it's finding deals, securing funding, or managing rehabs.

There's plenty of information on how to find a good market with a quality property manager.

These venues are great for connecting with other investors, property managers, and industry professionals.

If you have limited prior experience owning / operating multifamily assets, they'll also require you to use a professional property manager with multifamily experience.