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.

Basically I hunt for homes 5b+ with the intention of it being an intentional co-living space (by the room rental)...but I am currently niched in a specific type of care home.

It's the basic formula for selling an online course that teaches you nothing you cannot learn on your own.

Once you factor in typical reserves (5-8% vacancy, 5% maintenance, 5% cap-ex), you're basically breaking even or slightly negative cash flow.The real question is what's the $187k going to do for you?

If the lake is smaller then they might not be too popular if it is primarily a fishing lake.I would also add a general store with basics, bait, beer, food stuffs etc.

Sound like the perfect time to learn the ropes — local Birmingham landlord-tenant laws, property management basics, financing options, and rental-ready upgrades.

I'm a real estate broker based in NYC and Long Island, and I work with a lot investors.Since you’re brand new, the best place to start is by understanding the basics of how wholesaling works and what your role is in the process.

Bought our 1st in Mar 2024 (3 bed 2.5 bath 1182 sq ft) and 2nd in Sep 2025. (3 bed 2.5 bath 1384 sq ft)1st is across from Las Vegas High School in Sunrise Manor. 2nd is 5 minutes from Centennial Hills Hospital.1st rents for $1700 and 2nd for $1850.1st one we basically had to evict in Feb 2025 for lack of payment.

Roughly what price range should I expect for a basic, reliable replacement?

Staffing, maintenance, seasonality, and guest management are all very real challenges, particularly on the East Coast where you shut down and basically have to rebuild the team every spring.