She cited examples of potential beam collapses and 1 million dollar is a reasonable amount of liability to carry.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

There is also potential for an ADU in the large backyard, but I will buy another rental property before moving forward with an ADU plan.

I know leaving a w-2 isn't an overnight change, but I love the idea of financial independence and would love to not be reliant on it.

Their focus on attracting higher-end guests may reduce potential issues.

*Energy Efficiency – Given the hot climate, buyers in Phoenix look out for energy-efficient upgrades like new windows, insulation and solar panels.ABSOLVING COSTS & POTENTIAL PROFITSBefore you put down your money for a fix-and-flip, it’s important to run the numbers on all the costs, including:*Purchase Price — The amount of money paid to acquire the property.

This collaborative approach not only enriches your understanding but also opens doors to potential partnerships and investment opportunities.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Keep in mind the potential for higher renovation costs due to older properties and the local landlord-tenant laws.Good luck! 

They can keep those loans off your credit reports, allowing you to maintain financial flexibility and freedom.