I'd rent first to be sure I'm going to stay. 105 degrees to 115 is normal May to October in Scottsdale and no Puget Sound 

Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.

I've been a client of SDIRA Wealth for the past decade, and I echo Susan's sentiments about their exceptional educational offerings and the numerous benefits of accessing new construction build-to-rent properties through them.

Also, take time to understand Arizona landlord-tenant laws to stay compliant and protect your investment.

Stayed afloat (barely) through the pandemic with NY properties so i've seen it all at this point. 

@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.

You will never pay more tax in recapture than what you originally deferred, assuming your personal tax rate stays the same.

Section 8 is hear to stay.

Because that is when the impacts are most felt of everything one has to do with the now pile of ashes. 90 days to do nothing forces people to engage with staying. 

Way way too often Mrs. wants to stay, but realistically can't afford to stay with one income....and it is just a downhill disaster finacially the longer they stay.