What kind of % down would new investors be looking at when trying to obtain a STR in the SE Gilbert/Chandler area?

This type of listing is illegal in many states.I am not against wholesaling per se, but can't say the same for some of the frequent posters on the site, who vehemently oppose it, and will continue to oppose it until their last breath...lol.   

Honest question I didn’t yet see - just for conversation, not debate per se...

One house on our block (SE Longmont) saw the homeowner make $5K a month last year and his house is 6 bedrooms.

Therefore, the value of the property can fall more without affecting the solvency of your position.While rents aren't per se related to the amount of equity in a property, to the extent that property value usually bears a relationship to rental value, they are in most practical circumstances.

It may not be “that simple” per se, but ultimately it is really just several formulas working in concert with each other...  

I don't really plan on actually BEING a real estate agent per se, I just went for the license for the access to MLS, the savings in commissions and the knowledge that taking the course brings.At any rate, I can either choose to select a sponsoring brokerage now and get my active license, or I can get an inactive license without a sponsoring brokerage.My question is, do any of you folks have any suggestions? 

@Tyler Mau one area to check out is Murfreesboro about 30-40 minutes SE of Nashville.

We owe $250k on it, and it's recently appraised at $500k with the new ADU and the increase in value over the last two years (its inner SE, if you're familiar with Portland). 

And know they will scrutinize every decision you make, tenant selection per se-all will have greater scrutiny.