Hello @Dick Rosen It looks like we need to obtain License to operate Rental units in AZ before we even begin to pay the rental sales tax in AZ, have you gone through this cycle at least once? 

I had to cycle through a few bad apples, but I'm in pretty good shape.

New condos (this cycle or the last), or older condos (prior to last cycle)?

We are late stage in the cycle and appreciation not a given.  

It does really seem like a debt trap cycle for the "little man" to me.

Hi Everybody,I am doing some homework and wanted to hear what everyone thought about when it makes the most sense to do a Cash Flow play vs an Equity play in relation to market cycles. 

All this depends on market cycles of course.I would like to hear from some of the successful investors and get their opinions. 

The one with the bedroom has effectively stop paying for a month (weekly cycle and stopped while I was away for some while) and just recently started paying daily (but im sure he'll miss more pay moving forward).

My plan has always been to have these properties as long-term holds, and I know selling this early (purchased in 2019 at 3.25%) and with such a low interest rate goes against conventional wisdomw, and I dont really want to, but as I learn more about where the US is in the long-term debt cycle, the more nervous I become about a catastrophic devaluation of the dollar, job loss, civil strife, etcCan anyone offer any advice for how to model or weigh the options on something like this?

The deal, all the way through the life cycle will run you 30k of float and that will account for: downpayment, fees, closing costs, insurance, get started money for contractor, holding costs.I call those my starter deals, when someone new comes to me I get them in and out of three starter deals as fast as possible.