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Based on income alone, I could buy a 30k lot in sky harbor and build a 2 bedroom 1,400 sq ft cabin that generates 50k to 60k in rental income all day long (if not closer to 55k to 65k).   

I'm a General contractor here so I see this happen all the time with vacants that sit =) 

Quote from @Ron Simoneau: Hi All. 

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Topgolf facility, restaurants, retail spaces, hotels, multi-family residences, and a new pickleball facility—all set to be completed by 2027!

Topgolf facility, restaurants, retail spaces, hotels, multi-family residences, and a new pickleball facility—all set to be completed by 2027!

All the guest rooms have separate exterior entrances so we put keycode locks on those and guests get the code via text a day or two before they arrive. 

Though the buildings are attached, the guest rooms all have individual exterior entrances with no interior connection to the residence. 

It really all depends on the amount of risk you want to involve yourselves in.