The information contained in this post is not to be relied upon.

Because buying a house in excellent condition and then totally changing the layout can be expensive, especially if it's involving load supporting walls. 

In October 2024, Arizona had one foreclosure for every 4,863 housing units, totaling 637 foreclosures statewide.

Do to an anomaly pertaining to the appraisal district, the total value of the two lots was divided equally between the lots instead of allocated by market value.  

We bought it in cash with 9 investors for a total of 970k contributed.  

I was just on their website looking at the permit process:CityofSac-STR PermitLooks like 90 days max until you get a conditional use permit but still reading as it seems a little unclear:A short-term vacation rental may operate from a location that is not the operator's primary residence for a total of 90 days in a calendar year.

For example: would you want to do 2 flips in a year and make 140K on each for a total of 280K.

It can totally be done, even in this market.

We signed P&S agreements on 6 different properties totaling 20 units approximately 8 months ago and received a call today that the price we thought we were buying at has to-be increased on average 13% due to the increased cost of construction.

My CPA also quoted $350 to send out only 6 1099's total in 2 LLC's.