I recommend setting aside a contingency fund of at least 10-15% of your total budget to handle surprises without derailing your project.Juggling multiple contractors and staying on schedule is tougher than it seems.

That seems very high.

Peace of mind will comes from dealing with right deal and right people and right area, and not from high CoC returns. 20% CoC is not worth the headache it brings if deal or tenant or area turns out to be bad. 

For this reason some people prefer to hire a company that just cleans and scopes and doesn't do repairs (the ones who also do repairs may be biased and recommend expensive repairs 100% of the time). 

I feel reducing debt is a safe bet.Thanks,Troy When it comes to debt reduction, I would always recommend either starting with the lowest loan balance or the highest monthly payment debt. 

I would check out an STR data site like AirDNA, Mashvisor, Rabbu, etc., to get more insights.

More people are wanting to get into the STR game and if an area doesn't have enough guests to support more and more competition, I can see this happening.Good job on recognizing the trend and getting out while house prices are still high in the area.

@Danny Gonzalez any suggestions, or recommendations on how to find them?  

Any insights or recommendations on this matter would be greatly appreciated.Thank you for your assistance.

What CRM do you recommend as the best option?