Would not they simply treat it under the AZ statute and therefore ignore the Series aspect of that LLC?

I feel confident in most aspects of deal-analysis, except for understanding repair costs, especially when looking at online pictures from afar, so this is the area I'm feeling a bit stuck before truly engaging in any kind of offer-making.Thank you to any experienced long-distance BRRRR investors that are willing to share some wisdom with a newbie like myself!

Rather they are showing a 'proposed financing'.They are NOT guaranteeing that you will find this (LTV, Rate, Term) or any other aspect of a loan (fees, commissions, etc).Leaving the loan aside, I can't help but make a couple of comments regarding the numbers;- Vacancy of just 5% means that if you have 1 move out in a year and it takes you more then 1 month to turn the unit and re-lease it, you have exceeded your vacancy budget.

I'm in love with the business model and all aspects of it.

I am a new investor but wanting to fully understand every aspect of being a landlord and analyzing properties. 

Sure, there is value in all aspects of MFH but buying an existing property will provide you with immediate income but only when bought right. 

What about other aspects such as desirability from location on the street, how appealing the entrance or display window is, restaurant vs office space, etc?

There are certainly some advantages to short-term rentals but just keep all aspects in mind.  

What would be your analysis of each of the investment categories I mentioned.I had used High Yield or Leverage as an example you can assume any riskier asset class publicly traded in the stock market. what I am seeking is a way to assess say the risk involved in investing in a specified category versus another and the commensurate return (reward) I should expect keeping non-financial aspects out of the decision.So again, for example, hypothetically I invest this 30k in a Public REIT I should expect maybe a 5% (assumed with no basis) return YOY or I buy a High Yield ETF that returns 11% (again assumed with no basis) versus if I leverage this to buy a residential property then how to asses this on the same risk-reward spectrum and compare the two?

For example, if you did 100 hours of carpentry work on your flip and you found out that a carpenter makes on average of $25/hour in your area, then your salary for that aspect would be $2500.