Recommend any tips (for STRs), any guidance etc.We live in the Phoenix metro area..Thanks everyone.

We will be selling our apartment here and after taxes will have about 2 million in USD.

If you are looking at this decision through the investment lens, what would you net on the investment that you put this money in to, after transaction costs and taxes? 

Income is $600,000 per year and husband and wife both work full-time non real estate jobs.Is it true that the tax benefits are greater, or realized more quickly, on purchases like furniture or televisions to itemize a rental property, when they are made AFTER the date the property is put in service?

Here are some tips and advice:General Advice for Beginners:1.

You think losing a $20k EMD when you don’t close sucks, but the seller might get hit with a $100k tax bill when you don’t close, on top of losing their own EMD. 

., trades, remodeling, permits, taxes, settlement process, etc.).  

Can anyone offer tried and true tips for securing a good contracting team for a small-scale investor?

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

If anyone has tips on finding good deals, financing options, or navigating the challenges of flipping and renting properties, I'd love to hear from you.Looking forward to connecting with all of you and building a supportive network as we grow and succeed together in this exciting industry!