Get ready to work like hell, understand financial statements, manage vendors, set up technology and systems, build teams, etc.I recommend getting a virtual assistant to help get this off the ground.

Far as technology that assists in running STR.... - Hospitable for PMS - Turno for cleaner automation - though i still message my cleaners everytime to verify they did clean and for them to submit photos of the property once their cleaning is completed. - Stayfi for email capture to build out email list - Schlage Encode for door knob - easy check in code creation. keep lock box somewhere on property with a physical key in it in case battery every dies or lock doesnt work - Pricelabs - pricing automation. however I do organic pricing.

It seems doable with today's technology but this will be my first time trying.  

You can leverage VA, technology, and systems to automate and help with lots of your work, but in the beginning, you are going to handle communication with the guests by yourself.

You can hire inspectors or agents to view the property for move-out inspections and then coordinate with Rent Collection:  With modern technology this is all done digitally. 

In fact, if you want to make a LOT of money, you'll need to expect to put in a lot of unpaid hours on things that may never pay off.Here's a real life example...My five-year-old helps me with another business I have that involves a technology product I've co-developed and am starting to sell. 

Technology and the internet has made investing anywhere very easy.

As technology continues to take center stage in the 21st century, many businesses and industries are looking for ways to leverage Artificial Intelligence (AI) as part of their operations.

Although they wrap it all up into one fee, out flat fees are $395 underwriting and $395 processing with a $60 technology fee.