Your property manager should be supplying monthly reports and year end PnL reports that you give directly to your CPA. 

For one is that an appropriate price point for the supply/demand curve intersection?

.✅ Exploring creative ways to get deals done, even without a ton of upfront capital.I know that success in real estate is a team sport.

Just remember that $70 is the gross number they charge , they have to buy supplies , insurance , tools , vehicle , gas , workmans comp etc . 

As Mitch pointed to, on one hand, STRs are housing supply locally and will likely get looked at. 

Licensed with permits ~$4,000.Full replacement of all water supply lines and shutoffs from the interior water meter with PEX and an open basement.  1 kitchen 1 bath 1 laundry. 

This is a team sport.

Building a sport court will run like $30 grand, but would increase your rental value. a 6bedroom 4 bath house with a sport court, hot tub, fire pit, mini golf, arcade etc. will most likely crush it because it's cool.

Phoenix is a great market for STR's with the great weather and the amount of concerts, sporting events, etc that take place here.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.