@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.

Looking my insurance policy it mentions that I can opt for settlement under Actual Cash Value vs Replacement Cost. 

I know @Lauren Cutchen is still affiliated with one if not the same from above that she mentioned!

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. 

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

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 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.

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

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?

BTW, I could have mentioned earlier, when we refi'd in 2022 the appraiser came in at 1,300,000 and verbally told me that he struggled as he believed the property was likely worth more based on the location, views, income.