They fail to account for their personal time.

Personally, I am not a big fan of STR's although they may be fantastic in certain areas of the county.

Alternatively, Pinal County, with areas like Casa Grande and Maricopa, offers slightly lower property values but promising growth.

Personally, I like that it’s a bit more spread out and the views from the pool areas are very nice.

I started almost a year ago..its been a journey but no horror stories...yes drama but no horror...the person I was considering hiring to oversee the project decided to take the project on which was a dream come true...thx for your advice ..i did what you advised and then got lucky!

You might want to explore STR tax strategy if you are finding that the long-term rental tax strategy isn't working for your personal situation...

Access to an STR isn't essential, but helpful and bonus when it's personal usage time..- Insurability & Operations costs: Can be considerably lower (especially in comparison to CA) with most coastal regions there is much lower wildfire risk and the properties that are in flood zones, have surprisingly accessible and affordable policy costs.

I personally develop quite a bit in a neighborhood where the zonign laws are already quite prohibitive and to make matters worse, the community as a whole fights all housing from being built in the spirit of stopping gentrification.  

I use a broker, they do the leg work and since their interest is in my success, as opposed to an insurance sales person who's only interest is making commissions.

This type of loan is based on the property's income, not your personal finances, which makes it perfect for investors like us.