We are also considering an investment property loan so we could then stay in our current place and then rent out our 2nd property.Thats a good thing to keep in mind about STR revenue.How do you usually run your numbers and know what revenue to expect before buying a property?

It sounds like you have a solid plan in mind for house hacking in Tucson.

When we miss, even a little, we don't mind being held accountable, fairly.  

Remember, many sellers are looking for solutions to problems, so your role is about providing a service as much as closing a sale.As you navigate the wholesaling process, keep in mind the importance of due diligence.

Keep in mind, though, if you just sell outright, you could be looking at capital gains and depreciation recapture, so it’s worth crunching the numbers with a proper tax professional (I’m not one, by the way).What do you think the rest of the community has seen happen to property values since last year, and do you believe it changes the 1031 conversation?

In my mind this all goes back to RISK.  

go to all the networking events you can. get around like minded individuals. read read read. always take in good information. then take action. best lessons are from action.

With a background in residential real estate, I’m eager to expand my knowledge and build connections in the industry.I’m especially interested in networking with like-minded professionals who are passionate about creating value through real estate.

But if you have a self-directed IRA or 401k, keep this strategy in mind, as it could potentially save you hundreds of thousands of dollars in taxes.

Keep in mind that you will probably be required to sign a personal guarantee of the loans.