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@Nicholas R Paust Congrats on making it to the second deal!

Quote from @Jonathan R McLaughlin: good counterpoint by @James Hamling I would definitely think though about how it feels on the other end.

To further clarify for investors AND for agents that don't dive deep into this stuff, AZ STR restrictions ONLY come from CC&R's or other subdivision restrictions- notice I am NOT saying restrictions come from HOA's.

I am a new member learning to investment real estate for 

My name is Richard R, I am an aspiring real estate investor. 

For thickness of insulation reasons, 2x6 studs against the outside wall would be best, or 2x4 studs and spray foam insulation (R=19 or 21) (R=13 in a 2x4 stud would be OK.)

Its zoned for R-3, so I'm good there. 

It is very important to read the CC&R's before you buy.

Below is a summary of the repayment schedule for 360 monthsLoan Amount (Capital) :_______________________$220,000.00Interest Rate (R):_________________________________4% Number of Months (N):w_______________________________360MathematicallyMonthly Payment:$1,050.31Total Payment:$378,112.91Total Interest:$158,112.91