If, while running your numbers, the returns are within range to your criteria, do not lower the expenses to "make it work", but just know that some months may be higher, some may be lower, and if you have the cash reserves to support a higher bill or unexpected repair, then the underwriting at least helps you mentally prepare ahead of time.Any calculator, based on the inputs from any noobie or seasoned professional, will NEVER be the same as your actual numbers.

    - Curios about STR's - Located Grand Rapids MI -WANT TO START A REAL ESTATE DYNASTY I see myself as an advantage player in the real estate game as I have a few helping connections from my current business and a lot of knowledge on improving homes, managing clients, and building a business.  

Tax season!

Consider listing during peak seasons when demand is up, and you might just be the early bird that catches the worm!

I don't plan on buying anytime really soon but I'd love to start connecting with more seasoned investors and local professionals within the area.

And it is often overlooked (and looked down upon) by long-time PHX residentsBut once again, I am not giving advice just observing with a seasoned eye....see what others think....

Would love to hear from some more seasoned investors.

It was built in the 60s but just got a new roof, HVAC and water heaters were all updated between 2017-2018 so fairly new, and it’s an active mid-term rental making about $3,200-3,600/month depending on the season and he provided all the documents to support that from the past 1.5 years.

Paying a commission seems ridiculous for a seasoned investor but if that's the way these our sold I guess you don't have a choice.  

If it's a family style single family home or multifamily unit, unfurnished, in non-core areas, the timing doesn't really matter as most likely your tenants a re locals who can relocate at any time regardless of the season.