New to Arizona and I am seeing a few properties with next gen configuration.

Quote from @Lisa Albright: Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties.

We worked with a lawyer over there who is a US ex-pat who created and registered a local LLC for us, which owns our properties.

Can your property actually afford a 90% LTV loan at 8+%? 

You also want to see a reserve study and only invest in a property where the HOA is at least 30% funded, less than that is assessment territory. 

What would you do if the smell was coming from a property not owned by you?

Sounds like a pretty cool property, good luck!

I'd likely just agree to break the lease with a couple months of rent as a penalty rather than force these people to continue being tenants in my property....you never know what will happen to the condition of the property.

.🔹 Property Tax Relief – If your property is severely damaged, you may qualify for reassessment and potential tax refunds.

I've seen banks be very competitive with blanket loans that cover multiple properties and/or multi-family properties, e.g. 5+ units.Mortgage Brokers (obviously I'm biased) - Brokers have the ability to work with all of the above and can get you to the best lender for your scenario right away instead of having you waste your time with the wrong type of lender.