Primary reason for wanting to do STR is because I'm interested in gaining hands-on experience with this strategy so I can apply it towards longer-term goals in more traditional vacation markets. 

@Jaquon MillerA strategic strategy is necessary when investing in real estate.

This strategy yields higher returns in all metrics than traditional rental spaces.

The first thing to ask is your exit strategy on the second property - are you simply buying a rental or doing value-add?

I have seen more people torch their retirement plan using this "strategy" than I care to think about.As @Chris Seveney notes, an IRA can be setup with a specialty self-directed custodian so the IRA can be invested in non-traditional assets like real estate. 

Are there specific strategies or platforms for connecting with potential development partners open to joint ventures or revenue-sharing models?

With that strategy you're keeping more in reserve and earning interest and possibly seeing appreciation.

I have not purchased the program so I cannot comment on it, but as a note investor it depends on what your strategy is.

Some steps you could consider: Assess Your Current Property, Educate Yourself, Define Your Investment Strategy, Explore Investment Opportunities, Market Analysis and Property Selection, Build Your Network, Due Diligence and Risk Management.

This section aims to provide a comprehensive understanding of the market dynamics at play.Strategic Insights for 2024: Armed with an analysis of the current market conditions, we pivot to forward-looking strategies.