Quote from @Frank Pyle: Yes, you are basically describing a value add bridge or construction loan that rolls into a takeout refinance once the new units are built and stabilized.

Most people get obsessed with the big picture stuff but skip the basics - like actually calling leads back or tracking what's working vs what isn't.

If you can land a 6 month stay it basically covers your expenses for the year.

The median sale price was $370,000, basically unchanged from last year.

Hey Josh — if you want something that goes beyond basic bookkeeping, you might check out Baselane’s platform.

They just want to convey the basic reason the exemption exists at all. 

Do you do regular documented walkthroughs or just the basic annual ones?

Learning Arizona landlord-tenant laws early and getting comfortable with basic organization and accounting will put you ahead of most people your age.You don’t need to have everything figured out right away.

I bought a note from them last year and they basically held my hand through the process as I made a crucial mistake.

I would be happy to get on the phone and tell you some of the tricks of the trade I've found to work the best in this niche.Thanks,Berenger