It sounds weird, but you have to be careful how much you advertise so that you don't get a reputation for being "out of money", while at the same time networking with wealthy individuals/family offices/private equity.It's a little different if your approach is going to be only loaning your own capital.

Typically the biggest appeal to Tempe is from an attracting college student standpoint, so I was curious. 

Hi Aaron, The house is 4 bed so it made sense to try it.

@William StromGenerally speaking condos can have higher HOA fees compared to Single Family Homes, so this can sometimes translate to less appreciation, but that can also mean a lower purchase price, so you can sometimes get better cash flow on a condo.

You will receive the security deposit in Checking but then transfer it to Savings.Savings: Hold the deposit here so it's separate from operating funds.

I don’t have the actual calculations in front of me, so bear with me.First - let’s talk about year one - if you buy a property, and then resell it quickly, you will lose money most of the time.

Seller is only required to do what is in the purchase agreement, so now is the right time to address that.

@Becky SwensonThe short answer is yes.long answer is the lease or leases can be a little tricky post closing so it’s good idea to be transparent about your strategy with whoever you end up working with, and as soon as you can before closing take a good read of the documents.

It seems so hard to find good contractors these days that are reliable and show up when they say they do.I just made a post asking how people find great contractors for their vendor list.

One of the tenants (let’s call them Tenant A) has lived in the property for 9 years, while the other tenant (Tenant B) is a relative of Tenant A.