I had to generate 100's of leads in order to eventually find a good property that will work.Figure out a process/system that will allow you to generate leads like a machine.

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.

No, they dont add value, yes, they are a huge liability, and yes they require constant maintenance.

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

Knowing the process is what I found I was lacking.  

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.

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

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?

@Aaron LandauThere is a huge bucket list...  

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