I learned a lot about being a land lord, as this was my first property that I decided to self manage.

Any small/medium-size MF owners/managers in the downtown Phoenix market with tips and leads on finding reliable and responsible tenants for a property in a class C neighborhood in downtown Phoenix in today’s market?

This also leads owners to ASSUME simpler is better when it comes to management contracts.

It sounds as though you are going to self-manage from a distance, which I feel is a big mistake that could cost you a lot more down the road.

With you, and not leading with taxes!

@Steve B. there does seem to be a bit of self assurance about how well one knows the market and employs the right technique.

When you say vacation home that leads me to believe you occupy at least part of the year...if that's the case, you CANNOT use a DSCR loan as many have mentioned here.

Side note in California, self or family member move in and you have to stay in the house for 3 years. 

For those of you who have done direct mail marketing to multifamily owners (5-35 units) how many properties is a good number of properties to have on your list before mailing? 

Quote from @Zachary Jensen:  Hey Dan, As tax accountants and strategists, we can't self-promote on the forum.