The sooner you can buy and the more you can buy the better off you are  I am starting off renting in SLC, and will begin my search for a new property, likely to live in for 1 year and then LTR it.

Get to know the area you want to invest in based on your target market (to be determined by you) What will that amount of money get you down payment wise and if it fits the niche you have decided is right for you.

That is a very saturated market for STR so I do think it makes sense that 1/3 is underperforming, but based on taking a loss now, I would probably stay tight and keep going because you have the set up in the area.

Do you know how to use Google Search? 

Here is the link: https://www.redfin.com/news/data-center/I did a basic search of the general Tucson area and here's what the chart looks like for MFR active listings since June 2020. 

I talked with a lawyer but I am running into the problem that his recommendation seems to be what is better for him, so also in search for other real estate lawyers in the area.

I did an extensive search and found them to be among the only to offer a 95% cLTV at that time.

If you tour the property and it looks like a good investment, then I would move forward with an offer that included a discount price based on the cost of eviction.

I'm wondering if I should consider denying the application based on several criteria such as their credit score not meeting the minimum required and previous delinquent bills showing up on their credit report.

Hi @Rodney Swindle,To answer your first question, appreciation is based on how people value the property.