@Anton TikhomirovPrices and potential (cash flow) returns can be slightly misleading if the investor only looks at these. 

Mike, My recommendation would be during due diligence for a potential purchase, ask for past 12 months of all utility bills, property taxes, and any other municipal requirements like rental permits, occupancy inspections etc. 

@Brandon Ortiz: each strategy has its own risks and potential rewards.Owning rentals, you have the constant maintenance and tenant risk associated with owning property.  

The bigger it grows the larger the potential for someone to cry foul, and the hammer comes down.

@Tom EvansCongrats on the potential STR in AZ.As for a shared well agreement, they can be tricky (even when it does not involve STR usage).

If you are going to stay local and considering a condo, you really have to look at fixer condos and at least 3 bedrooms for it to have potential.

Give them a portion of the profits from the STRs and have a buy-out clause when you have the funds to refinance.I am sure there are many other potential options for you to look into, but just off the top of my head these 5 came to mind.

If you are using an FHA you should be able to use 70% of the potential rent from the other units in the building to count towards your income.

Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miami Dade County, FL- 1031 potential replacement property identification deadline: 45 day identification deadline of December 5, 2024.- Seller's residence county: Orange County, FLIRS Notice for reference: FL-2024-10 - Hurricane Milton IRS extensionhttps://www.irs.gov/newsroom/irs-announces-tax-relief-for-victims-of-milton-various-deadlines-postponed-to-may-1-2025-in-all-of-floridaMy Assumptions:A.

A lot of potential people will see your add and move on if they can't find things easily as a lot of adds falsely represent the property.