HOA violations are only grounds for evictions if you your lease requires them to meet HOA regulations, you have properly notified them of the violation, and they have neglected to resolve the issue.

This is something I would have to dig into your background on to properly advise on which asset class might be better for you and also how much management intensity you desire and/or can handle.3.)

Be mindful of this, and make sure you ask all the proper questions before you jump ship. 

. - Won't work unless you REALLY know a market and have the proper connections!

How do I properly calculate these numbers?

It is therefore extremely important for you to know how to properly evaluate and choose a SAFE 1031 Exchange Qualified Intermediary for your 1031 Exchange transaction.You should always perform a careful and thorough due diligence review before making your final selection.

Do you have the professionals you need to start an LLC, do the proper real estate/tax accounting, solid contractors to rehab or prepare the property, and a property manager to handle the day-to-day operations? 

By all means listen to whoever you want, expert or not, if you're not sure about what you should do but do your proper due diligence.

This would be my first STR so I also am personally interested in giving this business model a try to see if I do want to operate in this space longer term and want to do this properly. 

There is no 100% guarantee out there.Managing your property properly and having great insurance are probably the two best ways to protect yourself.