I recently helped a friend who was in a similar position - looking to tap into equity for a rental property purchase in Phoenix.

Quote from @Shayan Sameer: Hello everyone,Hope you all had a great New Year!

Quote from @Joseph Mena: Looking to close on another investment property  Congrats!

There’s so much to learn here, and I’m sure you’ll find it incredibly helpful.

Hope that helps explain the policy a bit more :) I need to stress again that I was not in the right frame of mind when I made this post.

No STR regulations How did you find this deal and how did you negotiate it?

From what I've seen in this area right now, it seems like you'd have a hard time paying market LTR rents and making a good spread. 

I've never had a single complaint from any of my STR guests regarding not providing streaming services.Also, be sure to set that expectation up front in your listing - let guests know you provide high speed internet and have smart TV's so they need to bring their own log-ins if they want to use any streaming services.

being that this is you first investment property is there a reason that you are not getting help on this one? 

From someone asking for help based on the success they saw us having.