The team detected some of the organic chemicals during their field investigation of the plumbing system.

This is one reason why a 6 to 10 unit building has a higher CAP rate than say a 50 unit building, more risk (i.e. cost spread over fewer units in the 6-10 vs the 50).The cost of capital: Since the Cash Flow orientation is an arbitrage, it would stand to reason that the more you are going to pay out, the more you need (or want) to make (it's another proxy for the risk).Experience: The more experienced investor, the better understanding of risk in the marketplace... this is why BP (and everyone else) pushes having a mentor, reading, understanding, collaborating etc.

South Lake Tahoe recently passed a ballot measure essentially banning most short term rentals.https://www.rgj.com/story/money/business/2018/12/06/most-airbnb-vacation-home-rentals-banned-south-lake-tahoe/2233124002/ And Laguna Beach just did the same thing:https://www.latimes.com/socal/daily-pilot/news/tn-dpt-me-lb-council-20190505-story.html“We don’t want commercial ‘touristification’ in our residential neighborhood,” said resident Charlotte Masarik.Ok, well that’s not Arizona… but rumblings of similar complaints are happening in Flagstaff as well:https://azdailysun.com/news/local/airbnb-a-boon-for-owners-headache-for-neighbors/article_1abd0fbb-83ee-54d6-96c3-cd753349094f.htmlAnd Phoenix too:https://www.azcentral.com/story/news/local/phoenix/2018/11/30/airbnb-rental-home-closes-shop-after-neighbors-ban-vacation-rentals/2025777002/So let's take a look at what laws regulating short term rentals are already in place.Current Arizona LegislationIn 2017, a law was passed declaring that cities, towns and counties cannot place any restrictions on short-term rental properties just because the property is not classified as a hotel. https://azdailysun.com/news/local/despite-local-objections-new-year-s-laws-include-airbnb-expansion/article_52d485d5-79cd-567f-943c-bff142e9493c.htmlThis law specifically targeted any municipalities that were trying to restrict Airbnb and other online lodging marketplaces from operating in the area.

If you're looking to hire one you'll want to post this in the marketplace as BP forums rules prohibit advertising in the forums so none of the agent members are going to be able to engage with you on working together here.

specifically, Facebook Market place.

Pretty much all furniture and appliances were from fb marketplace.

utm_source=search&utm_medium=internal&utm_campaign=booksSimply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

I would love to hear from investors in expensive market places make a case for investing in high end markets.

Further, without developing a track record of success, you won't be able to borrow or get any investors to invest their hard earned money with a novice.Further, I detect an underlying attitude of arrogance and entitlement in the language you use in your posts.  

Conventional wisdom concludes that more buyer's are on the sidelines due to the rising costs of purchasing property, however if the market is still active when conditions are tight, what will happen when rates drop and those buyer's re-enter the market place?