Good to meet you Evan, I live in Gilbert as well and aspire to have that cash flowing portfolio like you mentioned.

You will get to keep your low mortgage interest rate on your current property, and will still be able to use the benefits of a primary residence (lower down payment, lower mortgage interest rate) on your next purchase, as long as you have stayed in your current home for 1 year or longer (and there some exceptions to this as well). 

Well, a realtor and a lender already insinuate that investing there is great so it must be

Well I own one on Union Street, not far from that property.

My focus is mostly on land banking, a convenience store, and, more recently, providing judicial services for a select handful of foreign investors.

This bodes well for all current STR operators in the region, as well as hopeful investors moving forward. 

But when you work 40 hours W2, you cannot work full time in real estate as well?

It does take about 60 - 90 days on average to close an assumable loan deal, but it is WELL worth the time if you are not in a hurry. 

You can also use FHA with 3.5% down as well although may be harder to win in a more competitive market.

If a deal doesn't work if you have 3-4 worst case scenarios in plumbing, electrical, etc... then it wasn't purchased well enough to make it worth the time and effort.