Any insight you all can share is greatly appreciated.

Hi BiggerPockets Community,I’m Josh, 26 years old, current project manager and aspiring asset manager diving into a new venture that I’m excited to share.

@Sean GammonsConsider adding a partner for the second deal to share the down payment and mortgage responsibility, keeping DTI manageable.

I'll definitely reach out if I have any questions.Your offer to share tips and tricks on the finance side sounds incredibly valuable.

But if the OTA has a significant market share, there are limited options for the host.  

Definitely connect with more people on this that’s willing to share their experience.

To maximize your chances of success, recommend sharing that and the percent increase in taxes & ins with tenant and asking them what they think a fair increase is.- If they say $0-$50, you'll have to get rid of them at end of current lease.- If they are more reasonable you may want to accept if for now, but let them know you'd be doing regular increases to get the rent more inline with market rent.Too many newbies here will tell you to get market rent or get rid of the tenant.

Say my neighbor wants to buy a 1 millimeter strip of land along our shared property line for 450k. 

@Michael Plaks interesting feedback, thanks for sharing. 

It's always inspiring to see fellow real estate professionals who are passionate about learning and sharing insights.Phoenix is a vibrant market with plenty of opportunities.