I currently own a successful short-term rental in Fort Lauderdale and have identified a new property nearby that I’m confident will perform well.

The breadth of your knowledge is sometimes scary Marcus, I know you arent a Milwaukee native, but lord do you know this market!

As important as due diligence, analysis, knowledge of the property type, track record of the syndicator, correctly predicting economic trends, and timing is, the number 1 way to avoid a devastating loss is NEVER INVEST MORE THAN 10% OF YOUR INVESTABLE ASSETS IN ANY ONE DEAL.  

The closing will be in 2-3 weeks - since no traditional bank financing in most cases - just like any other investor purchase.My broker knows full well what I am doing.

Hi Garry,To ensure your safety, it is highly recommended to visit areavibes.com and select the "See more crime data" option.

I ended up buying a duplex and it's been doing pretty well.

I am bumping into more and more people that I consider fairly high achievers that seem to have someone coaching them to do better as well.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Because of cost, duplexes are are a better choice and compete well with SFH and or apartments. 4.  

With that said, I've done some research on the market and found the following information helpful in my considerations for Phoenix that you might find helpful as well:  Demand for both buying and renting property remains high due to the city's strong economy and growing population.