It is called a financial model; play with a BP calculator and adjust purchase price, rehab cost and rent until you have a fincial model that works.

Any opinions on when a new construction might be our best play for our next home we owner occupy and plan to rent?

@Zack Francis The Phoenix metro is an appreciation play. 

Since most people are on the side of the new normal and continuously low inventory forever and always going forward I'll play the bear case just so you know the other side of the coin.From a bear perspective the risks in the market are in the US dollar losing value due to rising inflation and foreign investments turning away from our market.

But I'm wondering if there is a better way to go about it and set up the long term play.

Hello all, I am new to the community and searched through the forums for plug-and-play property management spreadsheets with no luck.

That's an interesting 'momentum' mechanism that they've built into the rule books, we'll see how that plays out.

It's not easy to make wholesale connecting from afar unless you have vetted cash because wholesalers play a hyper-local game and focus on their bread and butter which is local investors who close.

@Peter Castrianni regarding Arrowhead Lakes - be certain which township a particular house is in - the community is split between Tobyhanna and Coolbaugh townships, and Tobyhanna is in the process of getting STR ordinance passed and it is NOT STR friendly. re: non community places are great but you should really be friends with the neighbors (unless 5+ acres)re: commercial zoning, yes, it is great. however, the county is playing around increasing property taxes on ithope that helps  

So, if you are still accelerating toward the ‘first turn’, then a STR might be the play.