PHX is in more of a flipping market than renting market atm, so that game-plan makes a lot of sense. 

It's very hard to play the game of real estate without it, and I'd encourage all new investors to work hard to maximize their income upside, and work hard to get into a stable position before obliterating your DTI on a capex nightmare.

Or Brokers that talk a great game but cant fund at the end of the day.. 

Game over.

It isn't a game that can be well played without spending a lot of time and or money. 

You can also charge more nightly for big amenities like a hot tub, game room, or things for kids. - Design: design goes hand-in-hand with amenities for maximizing revenue.

This is early in the game but the typical tenant turnover you have carrying costs.

Newbie here looking to get into the long-term rental game.

They STR game can be very complicated in NE Florida due to zoning laws, imaginary lines between cities that are and are not incorporated and county rules.  

It also regularly puts out deals at low 65% or less LTV, and high 10%+ skin in the game/co-investment etc.They market under 506B so are prohibited from posting publicly on the Internet and instead function by referrals.