That means if your lease says YOU provide the hot water, then YOU provide the hot water and fix it when it breaks. 

I can also do seller finance if the deal fits, but that's not an option on owner-occ (at least not for me).As far as where the market is heading, I think that's still rather up in the air.

I am looking for input on our first development project.We are looking at a development deal in Wichita Falls (Sheppard Air Force Base).

It certainly is an option to turn the units into long term rental if you own just a few.Perhaps the only option.Many of these businesses with 100s of apartment units solely on the Air BnB model will suddenly be dealing with monster vacancies all at once though.It's not at all easy to go from zero to full occupancy in the current market.And tenants may soon begin to default on rent even on longer term leases.Coupled with all the creative financing that makes a scaled larger Air BnB portfolio possible, it's a perfect storm.

An investment, if done properly, is an income generating asset that will grow your wealth.As far as choosing a market, Destin/30A/PCB is a tourism and STR hot spot, so there is data from several sources that you can use to estimate what you should be able to bring in on an annual basis.

Due to the fire the asbestos is floating in the air and is considered hazardous.

Fenced yards, green grass, and fresh air, and maybe cheap gas.   

I can see he is forming his own unique groundbreaking strategy that none of us can understand, but one day we'll all give it an acronym or nickname, and it will be the hot new niche for everyone to try. :)

I don't want to air out the details and embarrass the person should they read my remarks on this public forum.

I was seeing if anyone knows of any good agents in the area to help me find the hot niches or if anyone knows how Scottsdale is doing in general.