Here in my market, the current in place rents are well below market ($300-500) in some cases. 

That worked well for my client's specific circumstances but certainly would not work for everyone.

You want to trust people of course, but it only takes one bad one to cause cleaning headaches as well as unhappy neighbors.  

It was then that I learned central air without returns doesn't work nearly as well as with returns, so I added returns in a subsequent renovation.I don't think you should avoid these properties.

If you are still looking, I have a great guy based down there as well.

The online community is always here to answer questions as well,  I’m not quite sure your definition of a job opportunity is in your post?  

It will be well worth it.

Well, I'll throw my best guess on the residential market out here as well (and I'll leave notes to Chris):1.)

Looking at AirDNA results, my biggest concern is occupancy rates, most of the calendars I look at have large gaps in them, and when you spend close to $500/sq. ft at current prices (in STR-designated areas), your property needs to rent well above 80% or you charge crazy nightly rates.We've also seen very few property management companies that charge less than 25% there (and 25% is rare), and some STR neighborhoods require you to use their designated PM (Desert Colors only allows Red Rock, and they are at 40% commissions - ouch!).

Hi Landon, hope everything is well.