I feel it will be tricky to find financing that early but hopefully I build proper connections and create a game plan that investors will feel confident with the deals I will successfully make profitable. 

Average out the price per sq ft of comps sold and then do a plus and minus game to get to a number that makes you whole.

We'll see how my strategy plays out in 10 - 20 years. 

@Greg Tomita If you want to know of a local expert in the short term rental game in Arizona, you may want to reach out to @Ben Leybovich.  

IMO You shouldn’t be in the investment game if you don’t have any money.

I know plenty of brokers that are killing it, but running a brokerage is a different ball game than just being an agent.As a caveat - "full time" for me is about 70 hrs / week, which includes about 30 hrs of "commuting"  (which usually involves dirtbike or harley trips). 

And it truly is a numbers game and I simply need to make more offers.

Purchase was in year 5 for $200k.Offer letter was detailed and described my reasoning for the offer and had a picture of the family and kids on it (play to the audience).Offer was refused.

That will give something for the seller to think about.My next steps are to have discussions with the HUD office, as to how the expenses really play into the rental subsidies.More to come.

Hi Meredith,SFRs in Ann Arbor proper are an appreciation play. but cash flow in the surrounding areas can be great.