STR is becoming a difficult strategy because there are so many costs (furniture maintenance, utilities, internet, etc.) that you have to factor in and if you are in an oversaturated market, then unless your property is unique, you can only compete on price.

Unless perhaps you're buying a multi-million $ unique home. 

However, it also comes with unique challenges.

I have a company that builds unique European-style cabins.

Yes, this deal was unique because I made it directly with the property owner, who I befriended over time.

I’m currently selling a unique Airbnb property in Cabo San Lucas, Mexico, which is partially constructed but operational with two rooms.

Real estate has unique tax benefits, such as depreciation and 1031 exchanges, which can help lower taxable income.

Sellers should focus on emphasizing the unique value of their properties to attract the right buyers in this competitive environment.A significant change has been observed in the median time to contract, which has jumped by 71.4% to 48 days.

Multi-family without separate meters may need more unique billing arrangements such as passing the costs through to each tenant on a square footage basis.As far as insurance, landlord will have to maintain their own insurance per mortgage requirements.

Every state has a unique set of laws and regulations regarding the foreclosure process, so your ability to succeed will depend largely on where you're operating.Also, all three of these require advanced skills and background, so I wouldn't necessarily start here.That said, if you do then be sure to get top-notch training and complete deal documentation from folks who have seen at least one full real estate cycle.Rather than specializing so soon in your real estate career, I would instead recommend just getting in front of as many real estate owners with problems.Just getting really good at talking (and listening!)