Now a 25,000 sq ft mansion with the best views in Arizona and close to Sedona and all of the numerous sights, adventures, and wine county that northern AZ and the Verde Valley have to offer.

However, if you are planning on bringing on JV partners or Syndicating a larger asset, you are then becoming a fiduciary of other investors' money; you don't want to take unnecessary risks on upside unless market data supports it.I personally would advise on your underwriting when considering what offer to make you should factor in some vacancy expectations.

I’ve made it my mission to focus my real estate business on supporting female investors to begin getting in the game.  

Getting in the right mindset and keeping a positive attitude will be key and that means hanging around like-minded, supportive people.

So, whichever market you choose, make sure you have a team that is going to support you throughout the journey.

That can make you feel less alone, but let’s be honest, you can also join a Mastermind to get support and feedback.

I have two tenants in one of my units and one of them is currently on life support with Covid-19.

On that note, I would also encourage earmarking capital to support the deal if things go wrong in the form of a designated reserve fund.

You will find numerous articles and websites that provide great detailed information. 

For joists you are looking for anything with dry rot, bowing/splits in them, or sistered joists (shorter joist screwed/nailed into the other for support).