I don't thinknitbis so much about a specific area as it is a good price on a specific property that has views and amenities that people want.I would set up search for popular mountain tourist locations and be patient till the right property comes along and be ready to pounce.You can put a property under contract to lock it up and then schedule a viewing and make a decision during the due diligence time.

Contrary to popular belief, yes good operators do market and spend money on marketing because there is so many bad offerings out there they still need to be noticed. 

I reiterate this because I have made the lion's share of my money in real estate by investing in "up and coming" locations as they transition from borderline to popular parts of town.

DSCR also offer a 40 Year term. 30 year fixed, 5/6 ARM (most popular), and I/O Interest Only to help the initial cash flow.

think bigger. we build a triplex that's very popular in columbus. for house hacking unless you want to live with your tenants or rent bedrooms out push the dwelling units up and run the numbers. as long as you can qualify for it 

You are correct that prices are high, it's also good to know that 2-4 unit properties are extremely popular at the moment.

It takes time to build up the reputation, even in a popular area like Sedona.Sedona does have a ton of STRs but it sees in the neighborhood of 5m visitors a year so I wouldn't worry too much.Getting on VRBO is a must IMHO.

It is the most popular software in the industry and all CPAs know how to navigate it which is nice.

Also, ask them what the most popular colors and color schemes are, since they deal with painters and homeowner directly, they can be treasures of information of what accent colors are being used and where, etc.* Call local property mgr's and/or ask for referrals from your relator friends/associates, and ask them for referrals - sometimes they will be nice enough to offer helpful advice, especially, if you tell them you will consider using them when you turn the house into a rental in a yearAs a 27yr appraiser and Realtor/Broker, the paint job has minimal affect on the value, unless it is so bad that I have to mark it down in quality and/or condition.

I looked back at my contracts and the DD was reasonable.High Point Oct 2022 DD: $5,000, EMD $0Blowing Rock Sept 2021 DD: $3,000, EMD $0Greensboro Dec 2020 DD $500, EMD $1,000Greensboro Aug 2020 DD $3,000, EMD $0The worst buy of those was the High Point house and I should have stayed at $500 DD and walked away.