I feel in real estate if one is truly involved in it these are two of the most important sites utilized.

It's a MTRIt's definitely a little more headache than a typical LTR, but you're rewarded for the effort with much better cash flow.

If so, what will be the typical time and cost to pull the permit for such a project.

Rules/policies are subject to change and selling units in some buildings can be challenging.Condos, on the other hand, typically have more lenient rules/policies oftentimes allowing for unit owners to rent their apartments immediately and indefinitely.The rule flexibility, however, comes with a price.

Typically I set up a zoom call so I can show a map and where the good investment pockets are in AZ and why. 

For owner occupied homes, the typical buyer is NOT analytical.

If you ever decide to look over in this area, I'd be happy to put you in touch with the systems I utilize over here and give you insight on which areas to look for. 

It is not too good to be true as your mortgage should typically be around 50% of the rental income.

Hard Money typically funds 90% of the purchase price and 100% of the rehab on a draw schedule.

They typically have multiple origination points (meaning very high closing costs) very high rates (compared to conventional but also compared to 6 month or longer waiting period DSCR products) and almost always have VERY long pre-payment periods up to 5 years.