Truly, safety and security of oneself and belongings are paramount, and I won't begrudge a neighborhood from installing a gated fence, nor measures to encourage (not force) character/architecture retainment, but again, I have yet to see any data that support increases in crime or poor performance due to the presence of STRs - more importantly, then, is ensuring the city/municpality is afforded the oppportunity to welcome in visitors; Businesses thrive, jobs are created, demand for the area and its amenities increases, and values rise, which is something ALL investors want. 

In addition to what has already been shared on this thread, trusting the sponsor will be paramount to you sleeping at night, and I can't stress that enough.

One of the paramount rules of 1031 is that the property must be held for trade or business or investment purposes- this rule is dictated by intent.

Creating a situation where you are turning other peoples' money into cash flow for you should be your paramount concern.

Consistency and follow up is paramount to success not matter what channel you choose.

It’s paramount. 

Knowing what had to be accomplished after the contract was excepted was paramount.

Working with a CPA is paramount for avoiding unnecessary taxes or issues with the IRS.

And being able to write your own offers quickly is paramount instead of waiting on an agent who doesn't care about your 80k dump that you can flip because he or she isn't thinking of the flip.The money is all relative, it's about what you are going to do with the license if you get it.

Creating a reputable business that provides my customers with excellent customer service, efficiency, and open communication is paramount.