While this is all going on, what research have you done to compare LTR and STR options?

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

Working on a deal that the seller is open to carrying up to 10% of the down payment.

This is most of what is done, and discussed, here on this platform.

Same with STR's, you have more opportunity to change rates depending on time of year which this time of year is great for Phoenix. 

Purchase price: $85,000 Complete gutted single family home on double lot acroos from Buffalo Lake.

I’m a construction manager with years of experience working on rental properties and flipping homes.

The price is posted, and it's the same with almost every other business.I would go online and do a rent comp analysis on what current market rents for your type unit are getting, and if you're afraid of losing them, then you can give them a discount.If a tenant has a larger space, more amenities, a parking space, then you can add additional rent.

It sounds like it is priced a bit on the high as you suspected.

If you're looking to make it easier on yourself, consider hiring a property manager.