Also, take time to understand Arizona landlord-tenant laws to stay compliant and protect your investment.

It's people who understand that it takes effort to become successful, typically from CA at this point, and have a way of showing those characteristics, do best.

I'm struggling to understand some aspects of your response, but it provides some things to think about.

I am trying to understand how that dynamic may change if I was sponsored by a broker outside of our office.

The owner was motivated due to personal circumstances and wanted to avoid the hassle of listing the property publicly.To negotiate the deal, I started by understanding the seller’s priorities.

@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.

What I am trying to understand is after Coachella ends, would it still have the strong recurring demand/occupancy for STRs?

I realized how much of an impact the right agent can have, especially one who:Truly understands the market.Has firsthand experience.Is willing to share their knowledge.Now, with his guidance, I’m working on a project that could be a game-changer—if we can bring in the right capital partners.

Seek legal advice, however, what I understand is that there are really two way to wholesale that is legal in the state of Arkansas.

I understand that not all deals pan out as pro forma says but at least yearly updates are essential, quarterly even better.