I am starting out in my real estate investing journey and was hoping to see if fellow investors recommend pursuing short sales, banked owned properties and foreclosures, versus pursuing typical MLS properties or off market properties with distressed properties or sellers.  

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Brent thank you for pointing out something I should have made more clear.  

Go online to Airbnb in Avondale and reach out to some of the "hosts" to get the answers. 

Let's say now that a conventional investment loan is 7% and they are taking out a $400k mortgage they will pay $2,661/month in principal and interest on a 30-year note. 

Full doc underwriting, drawn out closings and tighter guidelines.

If they are competent, they will keep you out of trouble.As a PM, I would not bother sending someone in for mold testing.

Tailor your design to create an escape that immerses them in the nature and relaxation that they are missing out on!

For the zones you will be in, find out the Set back rules for Front/Back/Sides/next to residential/commercial. 

Yeah - some of the stories coming out with the AI video calls are insane - big risk only growing