For comparison, a Navy Federal FCU personal loan will be in the 15s%

There was an STR boom when many people bought homes here thinking they could have passive income, but that is not the case here as much as it is in places like Asheville (which is still seasonal, but not as much).

People have already moving to the Surprise/303 area in recent years.

If you haven’t already, I’d scope out the municipalities around town.. from what I read in The Economist, the Phoenix metropo area continues to rank high for job growth, which usually bodes well for new builds.

.#2  MINDSET:  Just like some people will NEVER become real estate investors regardless of time, money, related profession, - MOST people will never become real estate investors.   

Some are led by seasoned investors with a wealth of knowledge, while others may be run by people with minimal experience.

Be sure to tag your post with the location so local folks can reach out to you. 

The community seems to be very helpful, and we look forward to networking and learning.Best regards,Patricia 

That's a place where you probably will be DIY. 

Do you know the markets you threw out really well?