It takes time to build up the reputation, even in a popular area like Sedona.Sedona does have a ton of STRs but it sees in the neighborhood of 5m visitors a year so I wouldn't worry too much.Getting on VRBO is a must IMHO.

Build a map to scale your REI investment.  

Take a year to build your credit and save.

Looking to build a team that can help acquire my first small multifamily! 

It's a great starter property, so you can work out the kinks, figure out management, and build out your team.

They will be snobby about the neighborhood and wouldn't do the loan if it wasn't a nice area, and only on 1950 or newer properties, but you don't have to be a Texan to get this loan on a Texas apartment building, so they're picky about the property.

Otherwise, they're more reliable, cheaper and harder to break. 

My guess is because new and improved buildings have been built?

The long game the appreciation is where you will be building more wealth than a 500 or 1000 per month cash flow. 

I know there is a lot of variance, but what would be a good baseline threshold number to compare quotes for building a 5/5 house in Atlanta GA with average finishes nothing fancy?