I developed an automatic lead-gen system to use with ads, modern looking and catchy.

Build a niche where you help other dentists open their own practices, and you help them develop their offices, ultimately becoming the dental real estate person.Alternatively, you have Starbucks. 

They are suitable for long-term holdings of at least 8 years and can also be used for new development projects.- Bridge loans serve as a temporary financing option to bridge the gap between agency or HUD loans.

I think the biggest challenge with STRs is the initial setup and development of systems. 10-15 hours a week is more than enough time to manage your STR once you have all your systems in place (think cleaners, guest messages, house turnover, pricing management, etc).

PHX overall is still developing from a MFH standpoint (outside of large apartment complexes), as apartment or SFH rent living is the default way to go out here. 

The first are those who spent years working for real estate development/related organizations, learned the business while earning a salary, saved money, and built real capital relationships they’re ex employers allow them to tap into. 

I'm an agent and investor/developer in Los Angeles so I really understand this pretty well!

In practice, a manager can handle day-to-day execution (guest messaging, cleaners, routine issues), but the owner needs to perform and document meaningful owner-level work—pricing and policy decisions, vendor selection/oversight, approving repairs and invoices, listing strategy, bookkeeping/financial reviews, and compliance tasks—because if the manager logs more hours than you, the “100+ hours and more than anyone else” test becomes difficult.

I just posted a link to a new development project in one of these good markets in the Classified forum. 

I've grouped mine into a holding company and an LLC for each parcel that I am developing (currently 4).