We have an aggressive fundraising campaign that will begin in the next couple months but that doesn't help us at this point in the game.

I feel it will be tricky to find financing that early but hopefully I build proper connections and create a game plan that investors will feel confident with the deals I will successfully make profitable. 

Average out the price per sq ft of comps sold and then do a plus and minus game to get to a number that makes you whole.

@Greg Tomita If you want to know of a local expert in the short term rental game in Arizona, you may want to reach out to @Ben Leybovich.  

IMO You shouldn’t be in the investment game if you don’t have any money.

How does the trust establish residency in a zero tax state like say FL so as to make the trust assets last longer for the beneficiary?

I know plenty of brokers that are killing it, but running a brokerage is a different ball game than just being an agent.As a caveat - "full time" for me is about 70 hrs / week, which includes about 30 hrs of "commuting"  (which usually involves dirtbike or harley trips). 

And it truly is a numbers game and I simply need to make more offers.

I've seen where they have had to modify their deficiency to start at total debt and then net against the sales price before they can establish their amount instead of the lower opening (if final) bid amount.

For individual units, the cap rate isn't too bad at around 2-5%, especially considering the appreciation, but I feel like I have money stuffed under the mattress with the large amounts of equity I have built up in them.My end game is to leave Beijing and move to the SW U.S. when I retire from my current career within the next 5 years.