On top of that, the macroeconomics are strong — population growth, job growth, and massive developments from companies like Intel, Amazon, Google, Microsoft, and Honda expanding here.

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).

The more deals you review, the faster you’ll develop pattern recognition.

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

Glad you’re here and excited to see your journey develop.

How are you developing the property insurance requirements that will protect you, and which your borrower must meet?

I see google maps and bing maps both do not show any development in this area yet in satellite view.  

Think of it as a stepping stone in a longer-term wealth-building journey, not the final destination.One big thing that makes Miami extra tough: developers scoop up a lot of deals off-market before individuals ever see them.

Hi Peter — thank you, this is incredibly helpful and exactly the investor workflow I’m trying to build around.The “see 100 → narrow to 10” mindset is so real, and the 60–70% rule is one of the cleanest quick filters before diving into full underwriting.That’s actually why we started developing FlipScore™ inside FixerFlip — to give investors a fast first-pass signal based on:✅ ARV estimate✅ purchase discount vs ARV✅ rehab complexity (light vs heavy)✅ holding cost sensitivity✅ risk flagsSo the app can quickly answer: “Worth a deeper look, or easy pass?”

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.