Not to mention the general PHX market has become expensive and people have already been looking for cost efficient alternatives in the northwest and southeast corners of the valley. 

For similar reasons you mentioned with access to both I70 and I90 pretty easily as well as being in range for the eastern sea board makes it a logistics hub.  

If it's in the restricted zone (within 31 miles of the coast or 62 miles from an international border, you have the choice between using a bank trust and paying the fees mentioned above or using a Mexican corporation and bearing the costs of establishing and maintaining  the corporation.

As it relates to lease end dates I've seen two things work here. 1) You can stagger end dates as mentioned above or 2) you can optimize for summer - this works better for us in areas where you see students or families with school age children moving to align with the summmer months.Separately, this is a great argument against month-to-month leases.  

Look at Nuvo and their research, mentioned here.https://therealdeal.com/national/2023/11/02/multifamily-firm... 

That seems low with the 5 units and storage you mentioned unless they are 1 bed units. 

(May also cut significantly into the current cash flow on it)I know you mentioned not doing a HELOC on my primary, but wouldn't it be advantageous to have the ability to pay off the line of credit instead of be stuck in a payment that is much higher? 

As mentioned in the title, I'm new to real estate investing I'm wondering if there's anyone out there with experience with the co-living strategy using pressurized walls in Las Vegas.

@Jerry Tello I should have mentioned the laws and how they affect your returns vary tremendously from state to state, and sometimes county to county.

I was thinking Stamford at first, but the projected rents seem low for the area.I have one comment on the financing, you mentioned a 30-year amortization but then also mentioned interest only, which one is it?