While Phoenix does offer more inventory, depending on whether or not you are set on a specific area, Tucson does offer some good potential investment properties for STR.

Thats not a wise gamble in most cases if there is a market change for any unknown range of factors.

In the Reno, NV multifamily market a 5%-6% cap rate is good because of the strong appreciation, job growth, and very limited future inventory.

Once renovated, the ARV could easily reach the $500k range, based on similar homes in the area.My question is: with the daycare operating in the back, would this pose any issues if I wanted to rent out the main house?

Number of Zillow listings in my price range, and the percentage of homes in my range against Total Active's (to try and understand if there are enough in my price range).3.

DSCR or asset based loans don't require tax returns and usually can go up to 75% LTV and rate can range between 8%-11% depending on experience and fico score. 

I've never had a listing anywhere near this price range but I would begin to research the kind of people my buyer's would be, what kind of jobs they would have, where I could meet and find them.Secondly, I would get professional photography of the property and expose the home on social media and pay for ads on instagram, facebook and anywhere else it would make sense to.

Investment expectations range from $500K to $1M.

However, the previous landlord permitted them to take over an additional 3,000 square feet on the second floor, which is now filled with inventory and unusable for other purposes.While this tenant has been reliable and has a long-standing relationship with the property, their occupancy of this extra space is limiting our ability to maximize rental revenue.

I am getting quotes in the mid 6% range now with about 12K in closing costs (not including escrow), and no PPP.