Northern Arizona - Short Term Rental

[David Marshall]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $955,000
Cash invested: $200,000

Northern Arizona BRRRR - STR ... Project is currently undergoing rehab

What made you interested in investing in this type of deal?

The location and unique aspects of the property

How did you find this deal and how did you negotiate it?

MLS and traditional negotiations

How did you finance this deal?

10% down Vacation Home Loan

How did you add value to the deal?

Currently rehabbing the property. I will update once work is complete

What was the outcome?

Pending...but it will be cool

Lessons learned? Challenges?

Dealing with supply chain constraints and lack of contractor support in small towns of Northern Arizona