@Yael DoronHi - I don't invest in Phoenix but was just curious if you already own real estate and are looking to expand into Phoenix, or are brand new.

I am not preticuarly brand new to real estate as I've done 1 house flip before and 1 brrrr here locally to me.To begin, I’m aiming to tackle two single-family BRRRR projects in the Jackson County, MO area.

experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!

This could be a reputation and brand killer.  

We also just purchased a house in Oliver, WI that we plan to run as a short-term rental.

With less experienced or just poor planning operators, it isn't uncommon that they spend years distributing all the cash out to the owners, and then the time comes for a multi million dollar refresh to maintain the hotel brand, and no one wants to cough up the money back into the entity.

We put the property completely back together, making everything brand new overall.

With our vision mentioned above, we're allocating a whopping $3M into the complete renovation, re-brand and makeover of the hotel.THE INVESTOR: For those of you who don't know me, I'm Blake Dailey and this is my 6th Boutique Hotel investment!

- The inspectors aren't stupid and will see that everything is brand new and then research for permits.Also can't think how you can make this profitable.

In other words, FB marketplace cast offs won't be the best fit unless you're lucky enough to come by some Pottery Barn or West Elm or brands like that.