I'd really like to hear from people who have a 4 bed pool house near Disney if $48K per year net revenue is realistic.

I'm part of another mentoring program (Brad Sumrok) that costs about the same, although I'm at a lower level strictly for passive investors. 

I'd be interested in underwriting the deal and see what I can come up with.

Although, it is a good idea to ask your tenants to refrain from putting anything in the toilets with the exception of human waste and toilet paper because it is possible some tenant overloads their toilet with the wrong items.

I have been a landlord and investor for over a decade AND also work as a senior/regional property manager so I feel like I see both sides and have some good insight on this- manage yourself if you have the time and fortitude to do so, you will make mistakes but it will pay off, get a real estate license (not hard to do plus you can sell and buy properties and get commission) and know the laws, be willing to do the research, NO ONE IS GOING CARE AS MUCH ABOUT YOUR PROPERTY AS YOU- that being said, not everyone wants to has the time ect or headache or likes asking for rent…FIND A MANAGER THAT ALSO IS A LANDLORD INVESTOR, I can’t tell you how many property managers I’ve tried training and that failed at our company because they just don’t get it from an owner or investor side, like “no tenant we aren’t going to come replace your stove again, no we aren’t going to clean your bathroom cause you didn’t , ability to analyze when to do maintenance and not, ability to explain to tenant owners POV, I tell every owner I am not telling you anything I haven’t done or I’d do my self, a lot of property managers are blue colar type workers and have never invested in their life and just done get it, 4 out of 5 property managers fail at my company because of this especially for single family homes, find a PM with speciality in SFH for your area, for example, a PM in Birmingham MI (upscale area) will fail in Detroit or lower end markets (but that’s were the best ROIs are)

And even if so, I'd imagine there would be LOTS of restrictions and red tape as to what you'd be allowed to build and its appearance - No?

I'd like to own ocean front in AZ.

Feel free to reach out, I'd be happy discuss these options. 

If you can make a profit, I'd keep it.Can you qualify for both mortgages at the same time?

If you ever need any help with the financing on future deals, I'd be more than happy to help.