For a first timer, you can expect a hard money lender to provide 70-75% of the purchase price, and 100% of the renovation budget, depending on the after repair value.

It's worth a conversation.IF you determine that selling is the way to go, $1M could buy you a comparable property in Scottsdale, depending on where in Scottsdale you'd like to be, and how much land you want on your lot. 

I guess it depends on how much money you have.

In all, when you invest in co-living properties, you have the opportunity to double, and depending on your location and how you structure your investment, potentially triple your income per month!

Experience depends on who you deal with - the cleaner the loan file and more organized your paperwork the smoother the process with any private lender.

i think its the easiest asset class to understand that isn't stocks and a lot of peoples livings depend on marketing how perfect it is

Thanks For Texting check out Launch Control, Lead Sherpa, REI Reply, ROOR or Textedly - Just depends on volume and sophistication you need. 

Insurance is still an annual dog fight via my broker.Read your policy very carefully, consider replacement costs will probably be higher than estimatesResiliency is a requirement here.As far as sell or not....it'll depend on your determination to be here.This ain't the burbs of the bay area.Prepping for heavy rain right now.

It may even be higher than 5% depending on the area. 

@Blair Ross Jr depends on how much experience you have with investing in rental properties.