Be that person who set's up some STR's there, runs em there, and really caters it to the US "bucket list" tourist. 

Real estate investment is my future.This amazing voyage begins with setting personal goals and vision.

This is dependent on your personal situation and strategy.

He is looking at a group of investors like myself to bring 25% of the project value and then procure a bank loan for the remaining 75%.

Providing for the disposition of certain personal property following an eviction.

But, you need to talk directly to the person whose name is on title. 

Personally I think this is where a lot of sale lease back programs fail the seller.

Cosmo - I personally don't know Phoenix well, but if I had to do this in another city I would look at income levels, crime levels, and population growth (if you can) by zip code and/or area within a DMA as a starting point.

It will still be reported on your personal tax return.

I do have reserves to cover contingencies.Let's just say, I'm satisfied with those numbers.Had I had to use a bank, I would have had to put down 20% for $33,000, plus closing and my payment on the remaining would be $1400 PITI including HOA.