"@Jd MartinI think you made an excellent point that even though I am not producing cash flow, I am building equity. 

If you are going with a property less than 1//3 of the proceeds, it might be better to take the tax hit and get the flexibility in being able to take your time selecting a property.

m We invite them into our office we set them up on our computer to bank online and they get it done if they don't Bank online maybe you're selecting the wrong tenants we had $400 and $500 rental properties also do it.

I have an excellent opportunity to buy my first investment property (hopefully in the next couple of months) and already have my first tenant committed in Detroit, MI (no Detroit bashing please).

I created a excel list... created a letter (short & sweet) and did a mail merge. 

Others may be a bit more selective.

Some of the best advice I received was to make keyword alerts on my profile so anytime something is mentioned in a forum with the keywords I selected then I am notified of it.

I have a financial background in mergers and acquisitions and now want to get involved in an industry where I can have an impact on many lives rather than just making money for a select few.

The 4th Ave location is labeled business 8 and has many smaller shopping centers and local restaurants that make it a better selection for air bnb than most of the rest of yuma west of 4th ave which is primarily family neighborhoods without any real attractions for visitors to enjoy.Also, the main street location would be the closest to the Quechan Casino on the Arizona and California border. 

Exterior is excellent.