This is an excellent location to learn many tricks of the trade as well as gain partners, mentors, and connections to help you to learn and earn within real estate. 

In an attempt to simplify explaining the process, so it can be understood, I am leaving out details that I cover in other posts and in training.

The good news is that you won't need to pay social security + medicare taxes ;) but you also do not get to deduct it from any earned (W2) income. 

Look at your finances and see how you can spend less and/or earn more. 

@Chris Seveney Are you guys servicing the loans yourself, or do you have a vendor that supports this process? 

Always make sure you're earning more than you're paying. 

To identify demand hotspots for vacation rentals, we will use a two-step process: First, we will plot on a map all of the Airbnb listings on the island.Then, we will remove listings from this map that have received fewer than 30 reviews in the previous 12 months.Thirty reviews—why?

I definitely have some adjustments to make to my team and my processes for it to really turn into a worthwhile investment property.  

If you don't get any additional feedback, you should be able to call the City of Phoenix Planning Dept and assess the overall process, timeline, fees, and feasibility fairly easily.

While I can’t speak to Albany market conditions, I can help with some of the initial process.