Many do join a team simply due to the fact that there is more guidance and structure, however, it is not a requirement.

We have not ensemble our team yet, so we need to get out there and meet others!

The ways to help mitigate that is to use automation software which helps drastically reduce the time involved with an STR, setup a good team (cleaner, handyman, plumber, electrician, appliance, hvac person), and have an exit strategy if short-term regulation does come to that area. 

It's the same fundamentals as LTR, run numbers and establish a team.

I personally don't have any, but my team leads do!

First-time Investor from San Diego, CA. looking to assemble a team on the KC/MO market, I will like to get my first property in the next 3 months, my strategy will be BRRRR and my goal for this year is 4 SFR.Thanks to everyone in advance!

Once you have that team formed you can create a plan, learn and accomplish your goals.

Expect some mistakes and redo's along the way to add to the time.Expect any government inspections to add to the time.If you can keep the same team all the way through by the time they get several units under their belts they may be able to go faster--providing they can get the materials.In my opinion, it's more intuitive to look at each unit as a separate job, vs demo all kitchens and tubs in X units as a job.They can still come and demo several units, just for me it's seems easier to keep the Tiger by the tail this way.If you buy all of the materials at once, you will have to guard them against theft and store them somewhere. 95 toilets going missing probably won't tank your budget, but it might tank you enthusiasm for a while.Make sure to budget for a dumpster if you need one, and porta-potties for the workers to keep them from using the ones in the units. 

You want to work with a turnkey company that has years of experience, numerous markets, and a team that is trust worthy and reliable with a proven track record.

Hey team,Currently have my first unit, got our lease signed, and I'm getting into the swing of things.I feel I always knew the broad strokes, but now that I'm in the thick of things it's definetly taken more than I expected since I'm having to learn as I go.Looking at costs for admin tools (docs, signing, screening) seems like it'd cost the same for a property management tool (buildium, yardi) versus doing it manual (rhawa, docusign)When did you decide to move away from managing manually?