Get it under contract and if you fail, you are held to buying it.Option 2, Agent: Property worth 100K, List it to the world for 60K, with a commission of 5K - 10K - 12K- 16K- 20K, Signs, MLS, Global representation, push for multiple offers, have people crawling over themselves for a shot at it.

However the more volume you have the more of an emphasis your job will have on a contractors schedule.Phoenix is definitely a landlord friendly state, both on a lawful level and a supply/demand level.

This broad emphasis on   

I would go with a hard money loan if the conventional path is: i) not fast enough to fund; ii) you're tapped out on a global LTV basis; iii) you need up to 100% of rehab costs to be covered, which I know isn't your case; and/or iv) you want a loan to be underwritten with the asset in mind and minimal emphasis placed on borrower FICO.

Thanks for your insight @Darius Ogloza, would you say that the emphasis on appreciation is typically greater in the Bay Area than in other areas then? 

Starting from the buyer defaulting on his note and including the current global uncertainty.Only then should you consider taxes.

Airbnb has just passed a global party ban across all locations and threatened legal action to anyone who disobeys. 

Begin to put a real emphasis on education?

@Jason Carlton, All the books on real estate investing is relevant, with emphasis on Recession-Proof Real Estate Investing, and The House Hacking Strategy (because that's the direction you're headed as you previously stated).

CBRE expects negative demand for office space globally this year and anticipates that rents will decline 3% to 6% next year in most markets.