But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.  

Add 2 points and a processing fee for the broker an underwriting fee for the lender and various and sundry closing costs and you're golden.

Simultaneously improve our process and communication systems. 4.

Did you make that leap to invest in Phoenix Real Estate? 

Your decision to lease this property for short periods is what makes this a short term rental property, not the property itself.

Then they complain that our process takes too long!

As a newbie, you always question whether you're making the right decision, but you just have to push forward after a certain amount of time to prevent analysis paralysis.

@Dutch Mendenhall Why is RADD making this such a painful process.

Doesn't mean its a necessity to have it formed here but it is a fairly straight-forward process. 

You are definitely going to want to get a lawyer and as soon as possible.This will sound harsh.In your story, you have made a number of very poor decisions about how you purchased and managed this property.