We are seeing about 50/50 split of people holding as rentals vs selling. 

We are in Mesa Arizona and looking for any advice possible.

Typically, we are shooting for top of foundation to be 24 inches higher than the road and at least 36 inches above the bottom of the drainage.

We have been doing this constantly in Boise as we are such a high appreication market, but still more cost effective than CA.

Quote from @Joseph Leibovitch: We are all in the same boat.

Overall we both would win it seems quite big, esp w interest only the cashflow would be positive. he didnt really like we are doing an appraisal as he might be thinking he can pull a fast one on us w his price tag.. again happy to overpay as i see the potential but obv not outrageously. 2) Can principal be payed down in interest only seller financing? 

I totally recognize that is impatient and greedy.My gut is saying your short picture idea is where we're heading since we are taking the same hit with brokerage account (I didnt even mention borrowing against 401k - yes its not advised but my wife and I have stable W2 income to pay ourselves back) Thanks again, this BP community / forum is awesome

We are planning on purchasing an STR (probably condo) in the Treasure Island area of St Pete.  

We are a not for profit member community that has tons of networking events, educational seminars and vendors to help you in any journey you find yourself attracted to. 

This is why we are seeking a private lender as we would refinance after 1-2 years once we have proof of steady job history.