also we do not know what is going to happen with int rates, they are very high now, the economy is not good and it is not certain they will be coming down this year. we know there will be more responsible gov spending, so maybe rates will come down, no way to know...I think you need to know the market where you plan to buy well, and go from thereBest of luck

They are short term loans, usually 6-12 months, high rate, interest only payments. 

With today's high interest rates, it usually doesn't make sense.

Also, there is a need in the marketplace for a co-living PM company that doesn't charge too high of rate. 

Seems that the website Fourpeakspartners.com is not working any longer.

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. 

I actually have a wholesale oppurtunity on a multi-family Four-plex that I just promoted on the "Real Estate Classified" section of the Bigger Pockets website!

Especially in a high interest rate environment where cash flows on long term rentals are muted and there is significant capital required to purchase and list on airbnb.I live near NYC but would invest out of state in an airbnb / landlord friendly state.

I HIGHLY recommend you have a conversation with an attorney. 

That said, I highly recommend speaking with a local professional in the DFW area to get insights tailored to your specific goals.