Once you go with a minimum 6 month lease your turnover costs, potential damage, make ready costs, repainting and repair costs, all go down dramatically.  

I looking into converting a condo into one in the near future and would love to chat with some MTR hosts.

I looked up some info on Bullhead City but there isn't much about future plans.

Breaking Even & Potential Cash Flow•Your goal of breaking even in Year 1 is very achievable, especially with a 5% down payment and PMI removal via renovations.

What are your ultimate goals in your future investment? 

However, if you withdraw funds from the SDIRA, it would be considered a distribution, subject to ordinary income tax and potential early withdrawal penalties (10%) if you’re under 59½.

Our attorney told me just return the money as the brain damage of going to court and potentially losing (court is really just rolling the dice - small claims court is not about justice and the law but what the "judge" thinks is "fair") is not worth the possible gain.We always sign a lease and any funds paid are first applied to rent and the SD is collected last.

There are multiple potential strategies it's just really going to depend on your personal situation. 

I’d be happy to help you navigate the market, identify undervalued properties, and analyze potential cash flow.

As long as you’re building with future hurricanes (wind and flood) in mind you can ensure that you’re prepared for future storms.