Great intake Thomas.

If you have any interest in taking a look at the Phoenix market, any questions about how to successfully run/ manage a short-term rental ( in any city), or just want to pick my brain, feel free to reach out.

Recently closed on my first property and I put my unit on the market a few days ago but I’d like intake on 2 things:1. renting to tenants with Section 8 2. renting to tenants with pets ANY experience good or bad is welcomed

Too many folks get stuck in the "learning phase" which leads to analysis paralysis, self doubt, or intake of too much information (be it positive or negative - which overwhelms or douses your flame).  

Rules of thumb are a very lazy way to do business.You can build a generic pro forma and plug every applicable number in, take five minutes, and come up with a reliable look at your future CoC, CoC including principal repayment, IRR, etc.Build your pro forma to reflect the base case and then the pro forma case.

I believe in taking Massive Imperfect Action but that does not mean to take Massive Uneducated Imperfect Action.Here are some ways to acquire the educationDigital Media (Podcast/Youtube/FBLive), again don't fall victim to sales pitches. 

She will be required to pick up the slack when you are not available in taking care of the family.

The next time I saw the guy he asked if I would be interested in taking this on, and that he talked to another long-time family friend who had 80 acres that would be interested in the same kind of structure deal.My opportunities to find how to make this work or if it is a viable investment for a partnership.1.

We would be interested in taking a look at what you have.

@William Harvey looking at ARV will definitely help me I’m in taking the BRRR approach or even if I made some minor updates on a property, investors overestimate the price of the property after fixing it up and making a deal look better than it is - I’m guilty of this as well.