Looking at AirDNA results, my biggest concern is occupancy rates, most of the calendars I look at have large gaps in them, and when you spend close to $500/sq. ft at current prices (in STR-designated areas), your property needs to rent well above 80% or you charge crazy nightly rates.We've also seen very few property management companies that charge less than 25% there (and 25% is rare), and some STR neighborhoods require you to use their designated PM (Desert Colors only allows Red Rock, and they are at 40% commissions - ouch!).

If this were my unit I would change all of those white switch covers over to switch covers that we're very close to the paneling color so they blend in rather than stand out. 

Median earnings among Austin residents rose 32% in the five-year span and trade-exports grew 34% within the same time period.Mesa, Arizona was named the No. 1 best economic boomtown in America, earning a score of 66 points.

From a design perspective, I think you need to work on a more cohesive look throughout and tone down some of the colors you have going on in the living room/kitchen.

Last year’s $730,000 median price for sold 2-4 unit properties rose to $760,000 for the first half of 2024.

As far as colors to pick, what floors, and what’s trendy looking. 

Last year’s $730,000 median price for sold 2-4 unit properties rose to $760,000 for the first half of 2024.

My advice for you (and my future self) so far is:- be very detailed about underwriting your deal- add at least 30% to what you think your rehab will cost (even if this figure came from a GC)- have a really detailed design concept before work starts (including fixtures/trim/color scheme/etc)- check with your city/township's building department and see what permits you need up front- have more than one exit strategy- add a few weeks/months to your projected timeline- purchase cash if at all possible- build relationships, take notes, and learn lessons along the way- have funGood luck! 

The Village at West Meadow Townhomes HOA 4545 N 67th Ave Phoenix, Az 85033 2550 E Rose Garden Ln, #71384 Phoenix, AZ 85050 July 18, 2024 RE: Introductory Letter to Village at West Meadow Townhomes HOA Homeowners Dear Village at West Meadow Townhomes HOA Homeowners, The Village at West Meadow Townhomes HOA Board of Directors has instructed PMI Phoenix Valley to initiate the Leasing Management Program for all homeowners.

Hi @Robert Rose.