One major financial aspect that many people do not take into consideration is the effects of appreciation and property taxes. 

Everyday I had off I was down there.I did find a good flooring guy that has expertise in the construction field,but works alone; you just had to keep him on a time schedule.His work was great but just another aspect to deal with.  

Hello, I'm new to real estate investing, and I've been looking into and learning about the different aspects of real estate for the past few months.

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?