Lacking the capital and building experience to develop it ourselves, we want to offer the backyard as a "Developer Special" on the MLS.We’d rather not risk demolishing our home at the front of the lot.

Phoenix area has a lot of golf courses, so they can experience humidity from the watering of those courses, and depending on where you are, it may smell like grass soup on a hot day (golfers' paradise). 

Thanks for sharing your experience with your place in Rehoboth! 

If you don't have a lot of experience cold calling or managing a team, I would recommend using one of the companies that already have a training program, they will hire and manage the VA's for you for a small per hour fee, well worth it. 

If anyone else experiences this issue, then logout of BP.

This community has been really helpful in helping me get started to see references and experience from everyone, so thank you all for sharing knowledge!

Doing this from out of state and planning to hit the STR market starting June. what you quoted in Step 3 is surely ever newbie and mid level experience investor feels like.

They told us it's for their banker but not sure as I havent had experience before selling, this is our first family property to sell so I just am wondering. 

Courses are great if you are looking for high-level "paper experience," but the best way to learn is to jump right in.

I'm currently a buy and hold investor (utilizing various househacks), but I'm hoping to get into the STR space end of this year/early next year.In terms of your financing options, here are some things that come to mind (albeit may or may not apply to your situation):- Utilize second-home loan option (10% downpayment) if the property qualifies- Utilize a small local bank to see what loan options they may offer (perhaps some may have experience lending on STR?