My partner and I are looking to get our next rental (currently have one in a more local market that has a property manager).  

I'd say you are overestimating maintenance - though that depends on the state of the property.3. 5% vacancy might be low.

And I suppose the likelihood of us getting more STRs in the area is directly tied to how good/bad our experience with this one is!  

Quote from @Jon LaBorde: @Jerryll Noorden ok that sounds good, but currently I’m just trying to get my foot in the door, so I’m not expecting to become a millionaire from this plan and by no means am I expecting this to work as my only marketing route in the business for more than a time or two, but I’d just like to get started in wholesaling and with this information I think it gave me everything I need l and I’m thinking I’m gonna give this plan a shot but I’ll definitely be looking to expand and adapt as I grow as a wholesaler.

Due to this and the fact there are currently tenants in both units, it took longer than we wanted to get the inspection scheduled last week.

Hi Everyone,I currently have a couple rental units and i am looking to do another Brrrr.

Then I would either go to your GC with the info, or go directly to your subs (licensed electrician etc.) with the info.

As the economy shifts, there will be new ways to grow your portfolio, but success will require staying nimble and informed.Bessent’s commitment to cutting the federal deficit involves a mix of spending cuts and revenue adjustments, which could directly affect government-funded housing programs and infrastructure investments.

I’d rather not give up my current first mortgage rate to get cash out to renovate. 

I would like to find a mentor/agent who has experience with Foreclosures (HUD) who would be willing to answer questions and work together in the Phoenix/Scottsdale area.I'm on a new journey in life and finally taking steps in the Investor direction... something I should have done a long time ago.