This exemption is designed to provide tax relief for family-owned businesses, so failing to meet the requirements can add an unexpected layer of tax liability.

It's not required in any way. 

For now, we just contact the city/township construction department to ask about pre-sale or pre-rental requirements and follow along. 

I spoke with State Farm, but they require plumbing and electrical panel upgrades just to consider reviewing my application.

How do I build leads or find people who are, at minimum, at the requirement of buyers, but at the same time, at maximum, willing to work with me?

@Cyndi Lees the thing that catches my eye in your post is that it would require quite a bit of work to get it started as a rental.

@Franklin PerezGetting your real estate license can be a smart move if you want MLS access, networking opportunities, and savings on commissions, but it comes with costs and disclosure requirements.

I require a real estate attorney to draft a wholesale contract (assignment agreement) for two properties in St.

@Rickey Mayes even if you buy a condo as a primary residence, alot of them will require 25% down if they do not have reserves and meet full review requirements.

**Mesa's Eastmark area** - Strong school districts driving family demand Property Types in DemandThe most profitable flips currently involve:- 3-4 bedroom single-family homes built between 1970-1990- Properties with pool potential (but without existing pools)- Homes with generous lot sizes that allow for expanding square footage Renovation Trends That SellPhoenix buyers in 2025 are particularly drawn to:- **Energy efficiency upgrades** - With Arizona's extreme temperatures, smart thermostats, improved insulation, and energy-efficient windows offer significant appeal- **Outdoor living spaces** - Covered patios, pergolas, and native landscaping that requires minimal water- **Modern desert aesthetic** - Clean lines, earth tones, and natural materials that connect to the Sonoran landscape- **Flexible spaces** - Home offices or multi-purpose rooms that accommodate remote work Challenges to Navigate Water ConcernsThe ongoing drought situation means water-conscious renovations are no longer just trendy—they're essential.