If you do not, it may take a little more time to scale, but when you reach critical mass, this is a really good business for those that provide a "much better service".  

Every market isn’t created equal and it is critical as a business owner to know the market and change business strategies WHEN needed.

Overall, the seller-provided financing was a critical factor in overcoming the financing challenge and making my Airbnb investment a reality without the added cost of traditional bank financing.

Insurance is also critical to protect your investment from unforeseen events such as natural disasters or damage caused by tenants.

Critics must think I've just skipped that many lattes, but that's absurd.

Just make sure whoever you hire is familiar with building codes and local zoning requirements, as these will be the most critical elements of the design. 

Learning to speak it is critical in your conversations with sellers but more importantly how to know if a deal is a good one or a bad one.Two people can underwrite a deal vastly different and come up with different ROIs, IRRs, and COCs.Look at other's underwriting reports and study each category.

The broker / property mgr(s) you will screen is the most critical step.  

ABoR’s July housing market data stresses not only the strong, ongoing housing demand in our region, but also the critical need for more housing stock at all price points.”We’re heading into the fall with rates around 7.25% for a 30-year fixed mortgage.

I feel like researching landlord law in whatever state you plan to do this in is critical.