It sounds like you navigated the challenges well and gained valuable lessons for your next venture.

Anyone can tell you they think there are deals out there, but ask them to show you which ones, and then evaluate it for appreciation as well as rental strength. 

I'll send you a DM as well. 

(This well could be a generational thing and whatever the comfort level of the guest is.)

I often read that one should seek a commissioned sales role because your comp is uncapped and that has served me well. 

I am doing by the room as well and it has been a struggle to find a pm that will manage it! 

To simplify the scenario I'm envisioning let me put it this way: what does a BRRRR look like when one of the parties contributing to the down payment and rehab costs ultimately ends up being the renter as well?

@Ashley MierezConsider your margin dollars as well.

If you haven’t already, I’d scope out the municipalities around town.. from what I read in The Economist, the Phoenix metropo area continues to rank high for job growth, which usually bodes well for new builds.

I hope I laid this out in an understandable way but I say all of that to say is it worth trying to find a mentor whose already well versed in GC who’d be willing to coach me in my home build.