As an example oceanfront homes STR's typically begin in the $1M+ range, and more conservative initial SFR investments begin around the $350-400k mark.

I did verify certain things before agreeing, example a couple with low credit were recent immigrants to the country, no bad marks but still building up their credit.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Commercial contractors are hiring a landscaper and marking them up. 

Listing towards the end of summer has its downsides, but you are so close to the 2 year mark that it may make sense. 

Hello, Mark Svendsen, based on the information provided, here’s my analysis and some considerations regarding the trustee's decision and your options:1. 

Quote from @Mark S.: Have you done any detailed research on land availability near Sedona, regulatory issues, builders for the type of property you are contemplating, conservative revenue forecasts based on actual comps, cost of a support network (cleaners, maintenance, etc), cost of utilities?

Mark your calendar for March 18th too! 

My gut response is for us to sell at 2 year mark and collect the equity (tax free).

Quote from @Mark Cruse: Its just a matter of opinion if done correctly.